8 Fundamental Indicators for Stocks in 2024 - ICICIdirect (2024)

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8 Fundamental Indicators for Stocks in 2024 - ICICIdirect (2024)

FAQs

8 Fundamental Indicators for Stocks in 2024 - ICICIdirect? ›

Stock-O-Meter (Best Tool For Fundamental Analysis Of Indian Stocks) : Stock-o-meter, as an investment research tool, offers the latest insights into a particular industry or company. This stock analysis tool provides an in-depth financial analysis that is credible for value investors.

Which stock will double in 2024? ›

Trending Growth Stocks List in 2024
NameSub-SectorMarket Cap (Rs. in cr.)
Mahanagar Gas LtdGas Distribution18,228.95
Utkarsh Small Finance Bank LtdDiversified Financials5,283.47
Sharda Motor Industries LtdAuto Parts7,538.06
Caplin Point Laboratories LtdPharmaceuticals15,279.49
6 more rows
Sep 10, 2024

What is the best stock sector for 2024? ›

2024 Year to Date Stock Performance by Sector and Industry
Best Performing Sectors
Utilities19.58 %
Financial15.39 %
Healthcare15.37 %
Services13.01 %
2 more rows

How to pick stocks based on fundamentals? ›

How to Analyse Stocks Fundamentally Before Investing?
  1. Research the industry in which the company operates. ...
  2. Understand the Underlying Company and What It Does. ...
  3. Understanding Financial Statements for Stock Market Analysis. ...
  4. Study the Management of a Company. ...
  5. Evaluate the Prospects of the Company.
Jul 29, 2024

Which is the best website for fundamental analysis of stocks? ›

Stock-O-Meter (Best Tool For Fundamental Analysis Of Indian Stocks) : Stock-o-meter, as an investment research tool, offers the latest insights into a particular industry or company. This stock analysis tool provides an in-depth financial analysis that is credible for value investors.

What is the stock market prediction for 2024? ›

Overall, Yardeni Research forecasts S&P 500 operating earnings at $250 in 2024, up 12% vs 2023. He puts them at $270 in 2025 (up 8%) and $300 in 2026 (up 11.1%). These figures compare with analysts' consensus forecasts of $244.70 in 2024, $279.70 in 2025 and $314.80 in 2026.

Which stock is best for next 5 years in India? ›

Top 10 Stocks to Buy for Long Term
  • Reliance Industries Limited. Tata Consultancy Services. ...
  • Reliance Industries Limited (RIL) ...
  • Tata Consultancy Services (TCS) ...
  • Infosys Limited. ...
  • HDFC Bank. ...
  • ITC Limited. ...
  • Hindustan Unilever Limited. ...
  • Asian Paints.
Aug 29, 2024

Which sector is best for 2024? ›

Union Budget 2024: Top 5 Strong Sectors
  • Infrastructure.
  • Agriculture & Allied.
  • Power & Renewable Energy.
  • Tourism & Hospitality.
  • FMCG Sector.
Jul 25, 2024

What is booming in 2024? ›

E-commerce, software development, renewable energy, healthcare, AI, biotechnology, cybersecurity, fintech, AR/VR, robotics, EVs, and EdTech are some of the fastest growing industries in the US. So, if you're looking for a thriving industry, these are worth exploring!

What stock is expected to skyrocket? ›

10 Best Growth Stocks to Buy for 2024
StockImplied upside*
Mastercard Inc. (MA)19.4%
Netflix Inc. (NFLX)5.2%
T-Mobile US Inc. (TMUS)6.9%
Wells Fargo & Co. (WFC)21.5%
6 more rows
Aug 23, 2024

Which indicator is best for fundamental analysis? ›

8 Fundamental Indicators for stocks
  • Indicator 1: Earnings Per Share (EPS) ...
  • Indicator 2: Price-to-Earnings Ratio (P/E) ...
  • Indicator 3: Dividend Yield. ...
  • Indicator 4: Book Value. ...
  • Indicator 5: Debt-to-Equity Ratio. ...
  • Indicator 6: Revenue and Revenue Growth. ...
  • Indicator 7: Free Cash Flow. ...
  • Indicator 8: Return on Equity (ROE)
Nov 17, 2023

Which stock has the best fundamentals? ›

fundamentally strong stocks
S.No.NameROCE %
1.Tips Industries103.80
2.Colgate-Palmoliv96.80
3.Network People83.46
4.Vipul Ltd66.14
22 more rows

How to check if a stock is fundamentally strong? ›

How to choose fundamentally strong stocks?
  1. Earnings per Share (EPS) Earnings per Share (EPS) is a metric that tells us how much profit a company generates per share. ...
  2. Price to Earnings Ratio (PE Ratio) ...
  3. Return on Equity (ROE)
Oct 17, 2023

Which website has the most accurate stock predictions? ›

1. Best website for researching stocks: Stock Analysis. Stock Analysis is the best website for free stock information for regular investors. You can think of it like Yahoo Finance, but better — it's faster, has more comprehensive and accurate data, and a more user-friendly interface.

Who is the best analyst for the stock market? ›

In addition to being known as "India's Warren Buffet" and "The Big Bull," Rakesh Jhunjhunwala is one of India's most renowned and helpful stock market analysts. Born to a salaried officer, Rakesh entered the stock market after graduating as a contractual bookkeeper. He now trades shares.

Where is the best place to learn about stocks? ›

Best Online Stock Trading Classes for September 2024
  • Best Overall: Investors Underground.
  • Best for Beginners: Udemy.
  • Best Value: Bullish Bears.
  • Best for Technical Analysis: Skillshare.
  • Best for Day Traders: Bear Bull Traders.
  • Best for Live Training: Bulls on Wall Street.
  • Best for University Education: Coursera.

Which stocks are best before budget 2024? ›

Which stocks may benefit from the Union Budget? JM Financial highlighted several stocks that are expected to be in focus ahead of the Budget which include Mahindra & Mahindra Ltd, Hero MotoCorp Ltd, ITC Ltd, Sumitomo Chemical India Ltd, Reliance Industries Ltd, Power Grid, and NTPC Ltd.

Which stock will go up in next 5 years? ›

The Best Growth Stocks of September 2024
Company (ticker)5-Year Avg. Yearly EPS Forecast
The Vita Coco Company, Inc (COCO)104.1%
Live Nation Entertainment, Inc. (LYV)80.3%
Nvidia Corporation (NVDA)46.5%
Meta Platforms, Inc. (META)30.0%
6 more rows
Aug 29, 2024

Which stocks that double every 3 years? ›

Stock Doubling every 3 years
S.No.NameMar Cap 3yrs back Cr.
1.P. H. Capital8.60
2.Jyoti Resins210.06
3.HB Stockholdings11.85
4.Systematix Corp.193.41
22 more rows

Which stock will double in 6 months? ›

6 months double
S.No.NameQtr Profit Var %
1.Sri Adhik. Bros.100.95
2.Ujaas Energy165.19
3.Eraaya Lifespace1800.00
4.Diamond Power201.63
22 more rows

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