Stock picks of the week: 5 stocks with consistent score improvement and return potential of more than 26% in 1 year

With the headlines screaming about TCS laying off 2% of its workforce, other IT stocks are also reacting. The reality perhaps is that a part of this news was already built into the stock prices. Because, IT stocks have, quite literally, given no return in the past three years. Now, it might be too early to say this, but the fact is that history suggests that when bad news is at its peak, stocks are not far from their bottom. Meanwhile, other parts of the market continue to be in stock-specific mode, and may remain so for some time to come. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.