Top 5 stocks: The recent US-Iran tensions have sent markets into a tailspin, with aggressive statements and drone attacks causing sudden shifts. Experts warn investors to be prepared for volatility and focus on long-term goals.
Over the next few trading weeks, the market will readjust itself in response to the earnings guidance provided by companies announcing their Q4 results. In certain sectors, the impact of the war is clearly visible, and analysts will factor this into prices very rapidly. However, in the case of other sectors, analysts may choose to wait for some time to fully grasp the actual impact on business operations.
Therefore, for the time being, the best course of action may simply be to sit back and observe how the situation unfolds. You can utilise this time to learn about and understand the intricate interdependencies between different sectors.
We have assessed whether these stocks have a strong potential for upside 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”.
Here is the list of stocks
HDB Financial Services: Recommendation – Buy | Upside potential – 38 per cent
Power Grid Corporation of India: Recommendation – Buy | Upside potential – 33 per cent
Voltas: Recommendation – Hold | Upside potential – 30 per cent
Grasim Industries: Recommendation – Buy | Upside potential – 23 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.)
