The Nigerian stock market’s valuation last week rose 1.16% as more funds chased stocks, affirming investor faith that the market could still perform well beyond the downturn season. results.

The market has returned 5.17% since the start of the year and it is possible that this figure will be higher at the end of the year.

PREMIUM TIMES has gathered a number of stocks with fundamentals and other potentials, taking key analytical approaches so you don’t have to randomly choose stocks to invest.

Selection, the product of analytical market intelligence, provides a guide for entering the market and taking strategic positions with the expectation that stocks will gain value over time, especially in the short term.

This is not a recommendation to buy, sell or hold. You may need to involve your financial advisor before making any investment decisions.

NASCON ALLIED INDUSTRIES (NASCON)

Nascon is making this week’s pick to trade at its lowest price in 52 weeks, making it relatively cheap for investors looking for stocks offering a bargain. It is priced at N13.20 per unit, a price / benefit (PE) ratio of 12.42 and earnings per share (EPS) of N1.06.

ACADEMY PRESS

Academy Press lists current exchanges well below its true value, which means it has a good chance of registering price appreciation. It is trading at N0.52, has a PE ratio of 1.83 and EPS of 0.26 N.

STERLING BANK

Sterling Bank appears in the pick for trading below its actual value and near its lowest price in 52 weeks.

The bank’s EPS is 0.47 N and its PE ratio is 3.22, while its unit price is 1.52 N.

CUSTODIAN INVESTMENT PLC

Custodian The investment appears in the selection on the basis of exchanges below its intrinsic value at the time. The financial services group has EPS of N 1.89 with a PE ratio of 4.12 and is priced at N 7.80 per share.

ACCESS TO THE BANK

Access Bank makes the trading list much lower than its real value. Nigeria’s largest bank per asset is priced at N 9.05 per unit, has a PE ratio of 2.60, and EPS of 3.48 N.