9 Stocks with Strong Potential Following Q3 Financial Results on Borsa Istanbul

As the third quarter financial reporting period concludes on Borsa Istanbul, it has been observed that companies performed better in the last quarter compared to the previous one. Additionally, after experiencing a downward trend from mid-July to October, the BIST 100 began to technically reverse its trend, taking positive steps due to the favorable effects of global and domestic developments. By mid-November, the index continued to rise in the range of 6% following a four-month streak of negative closures.

During the four-month decline on the BIST, significant corrections occurred. This situation could pave the way for stocks with upward potential to emerge, provided that a recovery continues in the upcoming periods. Many intermediaries mentioned stocks that they perceive to have potential based on the nine-month financial results, while the Fair Value Tool on the InvestingPro platform offers insights on stocks with strong potential, where you can conduct detailed research.

Using InvestingPro's Fair Value Tool and narrowing down the list based on the following criteria, it is estimated that there are currently nine stocks with strong potential.

According to these criteria, InvestingPro's price increase forecasts vary between 24% and 53% across the nine stocks based on various financial models.

To see the rest of the list, you can click here to subscribe to InvestingPro for a very reasonable amount. Among the list, AYGAZ is labeled as inexpensive based on the fair value calculation and currently ranks first with a forecasted increase of around 52% in dollar terms. Meanwhile, analyst targets are seen as higher based on the fair value calculation, and MAVI appears as a highlighted stock among those targets.