Synopsis
Before you read on, be clear about one thing. The stocks on our list today are expensive in terms of valuations and may well witness corrections. But here is an undeniable fact: The reasons to have them in your portfolio far outnumber the reasons for not having them. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Read the headline again, the upside potential in a year is as low as 10% to as high as 35%. This range is a reflection of the differential valuations in the same sector. The stock market is at a juncture where there are pockets where valuations are surely quite high. One such is the healthcare sector. But there is a fact that cannot be ignored: Growth is coming to this particular sector. Also, there is global money chasing it. So what is the
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