Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 44% (2024)

Synopsis

After watching the events for the first few trading sessions post elections, bulls are full back in control of the street. Whether it is large, mid or small cap, both at the level of indices and the market breadth of each of these segments, it has been positive. As the valuations stay at higher levels, it is very likely that over the next few weeks, there would be some sectors which see some cooling down, as the others which had seen buying get held up for elections, might see another round of strong comeback on the street. The first indication of that came up as railway stocks saw a comeback. 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.

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