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The report considers companies with stable financial fundamentals, including earnings, operating margins, and cash flow etc.
The report draws the analysis based on technical indicators such as simple moving averages, candlestick patterns, relative strength index, etc.
High-quality stocks with attractive yields, stable ROE, and prudent management are preferred.
Higher P/E multiple over the industry median represent overvalued stocks that are beneficial for profit booking and lower multiple reflects undervalued stock that signals buy scenarios.
Cyclicals in the market follows the economy through expansion, recession, and recovery.
Growth stocks may offer a stable returns and stocks covered may have the potential to hold for long-term.