In this article, we discuss 11 most promising Chinese stocks according to analysts. If you want to skip our discussion on the Chinese stock market, head directly to 5 Most Promising Chinese Stocks According to Analysts. China’s economy has shown remarkable growth in the last 30 years, lifting it from a low-income to an upper-middle-income […]
Cement has been a sector where most of the analysts have been caught off guards. The stocks have done well and a large number of analysts have been sticking to their stands that pricing and capacity utilization is an issue. What they probably ignored was the fact that any industry which has been facing headwinds for a long time tends to sort the issues and few players are able to make a comeback as consolidation takes place. Pretty much what we have seen in power.
After a short rational correction, bulls were once again seen on every corner of the street. While being bullish, it is extremely important not to forget the fact valuations are high and everything seems to be priced to perfection. In such conditions, for investors who are looking to increase their exposure to stocks, 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.
In a market where bulls are ruling every corner of the street, and stocks are either fairly valued or overvalued. The big question is how does one take care of the basic aspect of buying good quality stocks at reasonable valuations. While in this market reasonable valuation might be difficult to find so it would be better to focus on finding quality business knowing full well that one is paying premium in euphoria. Just do a little hard work and ask some questions about the business one is going to be owning after one buys the stock. This is specially required if one is taking exposure to the companies in the mid-cap space as these stocks are prone to more price damage when there is a correction.
Nifty Bank has regrouped after a plunge and is poised for a potential upside of up to 49,000: Anand James, Chief Market Strategist, Geojit Financial Services. Nifty chart focuses on 21800 level to test buyer strength. Negative correlation between Nifty Bank and Nifty IT evident. Rail stocks like IRFC and RVNL in limelight. Top ideas for the week: SWANENERGY and IRCTC.