Weekly Stock Picks: Total Energies, Sunu Assurances & Sterling Bank Lead the Pack

As earnings season begins, Transcorp Power set the tone with a 165% jump in net profit and a proposed ₦37.5 billion total dividend payout. However, market analysts at United Capital anticipate mixed sentiments, as the upcoming primary market auction could divert some investor interest.

Despite this, investors are advised to focus on stocks with strong fundamentals and pending corporate actions. Based on analytical market insights, Premium Times has identified five stocks with high growth potential this week.

Top Stock Picks for the Week

1️⃣ Total Energies (TOTAL) ⚡

Why it made the list: Trading below intrinsic value
Key Metrics:
• Relative Strength Index (RSI): 56.6
• Price-to-Earnings (PE) Ratio: 7.7x
• Price-to-Book (PB) Ratio: 3x

2️⃣ Sunu Assurances (SUNU) 

Why it made the list: Undervalued with strong potential for price appreciation
Key Metrics:
• RSI: 35.6
• PE Ratio: 5.3x
• PB Ratio: 2.5x

3️⃣ Sterling Bank (STERLING) 

Why it made the list: Trading below intrinsic value, attractive entry point
Key Metrics:
• RSI: 57.8
• PE Ratio: 5x
• PB Ratio: 0.7x

4️⃣ Fidson Healthcare (FIDSON) 

Why it made the list: Undervalued with growth potential in the healthcare sector
Key Metrics:
• RSI: 47.9
• PE Ratio: 10.5x
• PB Ratio: 1.8x

5️⃣ Northern Nigeria Flour Mills (NNFM) 

Why it made the list: Trading significantly below its underlying value
Key Metrics:
• RSI: 60.9
• PE Ratio: 3.9x
• PB Ratio: 0.8x

⚠️ Investment Caution

While these stocks show strong potential, investors should trade cautiously and consider consulting a financial advisor before making any decisions. Market conditions, earnings reports, and macroeconomic factors could impact stock movements.

Which of these stocks are you watching this week? Share your thoughts below!