Good for all market conditions: 6 largecap stocks with right mix of RoE & RoCE

As the nifty once again forms a new high and crosses some of the psychological barriers. The mood of the markets is clearly bullish, while it might appear that one is trying to spoil the party, by adding words like caution and high valuations at this point of time. The fact remains that it pays to be cautious in terms of selecting stocks when it is a bullish time. So be selective, avoid impulsive investing, and keep reviewing one’s portfolio and stay away from penny stocks especially. We look at stocks which have witnessed a continuous rise in their score in the last one month. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

In a market in which stocks of companies undergoing bankruptcy are quoting at half billion market cap, finding stocks which have value is probably not something which is an easy thing. It is time when the choice has to be made between fairly priced or overpriced. Given the sentiments, investors are more prone to buying stock first and then looking at what is the business of the company, that too is done by very few. It is exactly the time and sentiment when it becomes extremely important to go back to the basic principle of investing. Put more checks and balances before you buy the stock and the reason for buying that stock at that point of time. So as you stay bullish, be selective.

As the market comes near its all time high, some corrective move is being witnessed on the street. At this point of time, it appears to be in line with the global markets. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy .

While one might be focussed what is happening in nifty and mid-cap space, if one looks at the recent performance of the large caps, there are a number of them which have done a catch up in just the last two weeks. When the valuation differential in mid and large caps stocks becomes extremely high, large caps tend to do well as mean reversion takes place. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . The screener applies different algorithms for all BSE and NSE stocks.

Textile is one of the oldest industrial sectors in India. However, right from labour issues to smaller Asian countries becoming more competitive in terms of cost of production, different segments of the textile industry have faced more headwinds than tailwinds in their history of existence. This list is drawn from Stock Reports Plus, powered by Refinitiv, with over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum.

In a bullish market many things change and one of them is the relationship between opportunity and challenges. The opportunity to make high return in short term of times is faced with challenge of finding the right stock which not only deliver return in short term but is also worth holding in portfolio for long term. This challenge emerges from the fact that valuations are at a higher level and a small negative news can damage prices much more and time wise correction can lead to returns turning much lower. The following stocks have come from Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy

As the nifty once again forms a new high, the mood of the markets is clearly bullish, but this bullish trend is clearly coming at a time when valuations are high. So be selective, avoid impulsive investing, and keep reviewing one’s portfolio and stay away from penny stocks especially. We look at stocks which have witnessed a continuous rise in their score in the last one month. Coming on the list are stocks which are from different sectors and some which have seen an uptick in score after a long time. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame