Synopsis
With the bulls making a comeback, there is a case to be bullish. But remember: As an investor, what matters are earnings and valuations. So be selective, avoid impulsive investing, and keep reviewing your portfolio. Also, stay away from penny stocks. It is very likely that some of the penny stocks will fly β and be distributed among retail investors. For our list today, we look at stocks that have witnessed a continuous rise in their score in the last one month. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars β 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.
Whether it is the movement of the Nifty and Sensex, the improved market breadth, or how the street is reacting to news β literally everything suggests that the market will stay in bullish mode for a while. Now, many believe that it is only in a bearish phase that you need to be careful. The fact, however, is that you need to be even more careful in your bullish avatar. Mistakes such as buying wrong stocks occur more in a bullish market. So, as
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