Logically Contrarian: 8 stocks from different segments of the IT sector with upside potential ranging from 10 to 50% in 1 year

“Contrarian investors” is a term often heard on the street. It is, however, not easy to be one. In 2021, was anyone investing in PSU stocks? Or, for that matter, in pharma or railways stocks? They were neglected by the street. Rightly so in some cases; but mostly because the narrative against them was so strong that it was tough to take a stand against it. However, investors who took a contrarian stand in any of these sectors reaped handsome benefits. Now, what was the majority investing into in 2021? IT stocks. But then, IT stocks like Infosys and TCS, from being poster boys, got pasted. Ask anyone today about IT sector stocks and opinions are likely to be negative. The question is: Have either the opinion givers or opinion seekers even looked at the differential of IT sector stock valuations between 2021 and 2024?