For long term wealth creation: 7 largecap stocks from different sector with right mix of RoE & RoCE
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about 1 year ago
Early this week, the stock market witnessed a correction but that correction was not reflected in movement of the either nifty or sensex, it was visible only in the mid and small cap indices. Though it has not been followed with the same downward momentum, probably that fall is the first indication that the market is taking the note of valuations, which in mid and small cap space at very elevated levels. In such conditions, it is better to stick with large caps which have a proven track record in terms of weathering a bearish strom. ET screener powered by Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “hold” or a “buy” or a "strong buy".
Economic Times