Stocks to pick: Amid the Gulf conflict, several statements and counter-statements may emerge this weekend; however, as an investor, it would be best to focus on the impact this has on crude oil prices.
What investor to keep in mind?
Don’t rush into making trades or “averaging out” your investments. If you’re investing, focus on domestic demand-driven sectors and companies with minimal global supply chain exposure.
Furthermore, we have also assessed whether these stocks possess significant upside potential over the next 12 months and if they enjoy the confidence of the analyst community.
To this end, we have selected only those stocks with an average recommendation rating of “Strong Buy”, “Buy”, or “Hold”.
SBI Life Insurance: Recommendation – Strong Buy | Upside potential – 27 per cent
ICICI Prudential Life Insurance: Recommendation – Buy | Upside potential – 23 per cent
UltraTech Cement: Recommendation – Buy | Upside potential – 14 per cent
Sundaram Finance: Recommendation – Buy | Upside potential – 11 per cent
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience consult their financial advisors before making any money-related decisions.)
