After a sharp correction which the market witnessed in early part of the last week than the sharp up move on the last friday once again clearly indicates that the mood of the markets is clearly bullish, while it might appear that one is trying to spoil the party, by adding words like caution and high valuations at this point of time. The fact remains that it pays to be cautious in terms of selecting stocks when it is a bullish time. So be selective, avoid impulsive investing, and keep reviewing one’s portfolio and stay away from stocks which are moving upward due to narrative and news flow. We look at stocks which have witnessed a continuous rise in their score in the last one month. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
