Big names are trading at big discounts. A healthy market correction has made high-quality large-caps more affordable — ideal for investors looking to build a balanced, future-ready portfolio.
In a bearish market, focusing on companies with strong fundamentals and resilience can be a strategic approach. Here are some additional stocks across various sectors that have demonstrated robust performance:
1. ICICI Bank (ICICIBANK): ICICI Bank has shown resilience and growth potential, with analysts upgrading its rating and raising target prices, indicating optimism about its performance.
2. State Bank of India (SBI): As India's largest and oldest bank, SBI has demonstrated consistent growth, with a reported net profit increase in recent financial quarters.
3. Trent Limited (TRENT): Trent Limited has exhibited a strong 5-year compound annual growth rate (CAGR), indicating robust performance and potential for future growth.
4. Mahindra & Mahindra (M&M): M&M has shown resilience in the automotive sector, with a notable 5-year CAGR, suggesting strong growth prospects.
5. Tata Motors (TATAMOTORS): Tata Motors has demonstrated growth, with a significant 5-year CAGR, indicating potential for future appreciation.
6. Apollo Hospitals Enterprise (APOLLO HOSP): As a leading healthcare provider, Apollo Hospitals has shown consistent growth, with a reported net profit increase, reflecting its strong position in the healthcare sector.
7. Hindustan Petroleum Corporation Limited (HPCL): HPCL is poised to perform well, with valuation comfort and potential benefits from stable crude prices.
8. Asian Paints (ASIANPAINT): Asian Paints is expected to benefit from favorable crude prices and potential price hikes, with analysts setting optimistic targets.
9. InterGlobe Aviation (INDIGO): As a leading airline operator, InterGlobe Aviation has maintained a significant market share and is expanding its international capacity, indicating growth potential.
10. ITC Limited (ITC): ITC Limited, a diversified conglomerate, has shown consistent growth, with a reported net profit increase, reflecting its strong market position.
Finding Good Stocks During Bear Market
Investing in these stocks requires careful consideration of your financial goals and risk tolerance. It's advisable to conduct thorough research or consult with a financial advisor before making investment decisions.
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