Midcaps with long term perspective; 9 stocks with high ROE & net profit margin
Synopsis
Many investors, especially the ones sitting on cash are confused about what they should do with their existing stocks – buy the dip or not. For all those investors confused about whether to buy and what to buy, ET screener powered by Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or “strong buy”.
There are certain industries where the higher return on equity is a function of the fact that those companies are duopolies. The situation is likely to remain so because the company operates in a segment where regulations are such that it is next to impossible for a third player to come in. For example, the possibility of a third depositary coming up is theoretically present, but in the real world very unlikely to happen. In some industries once
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