Let the bears roam the street, time to extend your stay: 5 hotel stocks with an upside potential of the up to 33%
- Posted on October 25, 2024
- By Business News Today
- 1 Views
Let the bears roam the street, time to extend your stay: 5 hotel stocks with an upside potential of the up to 33%
Just a month back the headlines were about the Nifty and Sensex touching new highs. The clamor on the street was: Buy! Today the mood is one of despair and the talk is all about corrections and a very negative market breadth. The question is: Has this decline got anything to do with macro developments in any sector? In most cases, no. But, at the same time, there is no denying that valuations are expensive in most sectors. Now, to another question: Is there any sector where things are improving, and given that overall economic growth is on track, are likely to continue improving? The answer is yes. There are still sectors and spaces displaying inherent strength. This corrective wave may be an opportunity to look at them.