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Stocks to buy: Look for stocks with improved earnings quality; 5 stocks with up to 28% upside potential

By Economic Times - 2 months ago
We screened companies that have improved their earnings quality score by more than 50% year-on-year, and those with a minimum earnings quality score of over 50 in 2023-24 were considered. However, as the score is based on a proprietary algorithm, it is not freely available. The objective is not to understand the functioning or basics of the algorithm but to use the result to identify stocks that have improved their earnings quality in 2023-2024. The following are five such stocks that are covered by a decent number of analysts and are currently offering a double-digit share price potential.

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