Even as the volatility increased in the last few trading sessions, mid-cap continued to move in rational profit booking mode, which is a bullish sign if one looks at it from a long term perspective. A rotational move in terms of one set of stocks from a sector witnessing correction, while the other moves up — like this week it has been cement stocks which have been witnessing upward movement while there was some profit booking seen in metal stocks. During this phase, analysts are bullish on select stocks from different sectors, a number of stocks on which analysts are bullish are essentially leaders of their sector.ET Screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
