Search+Business News›Markets›Stocks›News›For long-term investors: Look beyond strength of balance sheet; 5 stocks from different sectors with upside potential of up to 31%Investment IdeasSynopsisEven a couple of months ago, any flare-up between the US and Iran in the Gulf region would have seen two things happening: A spike in crude oil prices, and a market reaction that was sharply negative. Today, while crude oil prices are up, they are only inching up, not spiking. And the Indian market, while displaying occasional volatility, has been holding its own. So, it might be a good time to pick some stocks; but only if you are very selective and target resilient companies with some moat.As was expected, the weekend has brought bad news. The US and Iran are again attacking each other with missiles and drones; the Strait of Hormuz is closed once more; and the peace talks appear to have receded into the background.In such circumstances, at one level it makes sense to stay out of the market. But, at the same time, the long, 20-month correction has cooled valuations in several parts of the market and offers opportunities for the ETMarkets.com 19 mins read, Last Updated: Jul 13, 2026, 02:42:00 PM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership