Contra stocks to buy: Jefferies picks 3 fallen angels for next 12 months
In a bold contrarian move, global brokerage Jefferies is telling clients to buy into the carnage gripping India’s consumer sector, handpicking three “fallen angels” that have been crushed by weak demand, margin pressure, and fierce competition. The firm has identified Varun Beverages, Hindustan Unilever, and Asian Paints as its top contra bets for the next…
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