Edelweiss Wealth recommends 12 stocks for gains; estimates an upside of 15-30%

As the ongoing Russia Ukraine conflict has inflicted major dents in the stock markets, it is an opportunity to make investments in right stocks for gains. Edelweiss Wealth Research lists at least a dozen stocks from broader markets that are its best bets for investments. The stocks have a return potential between 15-30 per cent, it said.

“The impact of a price hike in crude oil would be the sharpest and have a direct effect on inflation at the retail as well as wholesale level. Crude oil and related products have a weight of 4.4% in retail (CPI) inflation and 10.3% in wholesale (WPI) inflation,” the report said. 

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As such, a change in crude oil prices tends to get directly reflected in the CPI and WPI reading as well as indirectly through the pass-through to other components over time, it added. 

The current factors would impact earnings of many companies. The revenue of companies may get impacted or margin pressure can arise, the research report stated, suggesting further to investors that they should be prepared with a Buying list.  

While remaining cautious, the report urged that lest investors catch a falling knife, but it is the right time to get one’s shopping list ready. Edelweiss Wealth recommends certain stocks based-on Strong Business Model, Balance Sheet Quality and Moats in the businesses.  

Edelweiss Wealth Research top bets: here is a list

- Aegis Logistics

- Balaji Amines

- Globus Spirits

- Deepak Nitrate

- Ease My Trip

- Max Healthcare

- Century Plyboards

- KPR Mill

- DLF

- Brigade Enterprises

- Mindtree

- Coforge