Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 31%
Look at how the street has treated some of the IPOs that were listed last week. It is a clear indication that there is a good amount of money waiting to come into the market. So, while it is likely the market will stay in stock-specific mode, it would pay to remain bullish. But remember three things. One, valuations are still high. So, be cautious and selective when investing. Two, have a long term perspective. And three, don’t use leverage to invest in the markets. The stocks on our list today depict a strong upward trajectory in their overall average score which is based on five key pillars – 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.