Stock picks of the week: 5 stocks with consistent score improvement and return potential of more than 24% in 1 year
While it is too early to say, the quarterly business updates released so far suggest things are on track for many sectors. Valuations, however, are not cheap. So in the next few weeks, focus on earnings; if there is growth, then paying premium valuations can be justified. Otherwise, stay away. Check what managements are saying. And check how some of the beaten-down sectors are looking in terms of changes in their operating matrices. Finally, keep an eye on the trade deal with the US as that will impact the real business of some companies.