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2024

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 42%

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While bulls were a confident lot after the election results, with every trading session they are once again moving to take control of every corner of the street. How the market reacted to the increase in capital gain taxes was the first indication and probably Friday's session is another strong confirmation. There are good reasons to believe that until there is some development in the international markets, it is bulls who will remain in control of the street. So, stay bullish, But it would be better to focus on fundamentals and if there is any improvement in them which has made the overall score go up in the last one month then have a look at those stocks. 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.