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High conviction picks! Prabhudas Lilladher sees up to 40% upside potential in these 16 stocks – Solid bets
Apart from the 7 large-cap stocks listed above, PL Capital also named 9 small and mid-cap stocks among its high conviction picks. These are Ajanta Pharma (target price: Rs 3,400 apiece), CESC (target price: Rs 216 apiece), DOMS Industries (target price: Rs 2,883 apiece), HealthCare Global Enterprises (target price: Rs 820 apiece), Ingersoll-Rand (target price: Rs 4,934 apiece), Jindal Stainless (target price: Rs 821 apiece), JSW Infrastructure (target price: Rs 342 apiece), KEI Industries (target price: Rs 5,660 apiece) and Rainbow Children’s Medicare (target price: Rs 1,615 apiece).
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business
Switzerland votes on proposal to cap population at 10 million

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Momentum and Small-Caps Lead Market Amid Big IPO
It’s fitting that the largest IPO ever debuted on a day that Wall Street was back chasing momentum stocks.
The S&P 500 was up 0.5%. The Nasdaq was up 0.4%. The Dow was up 384 points, or 0.8%. SpaceX stock was up 27% to $170.88 in its debut so far, which puts it right around TSMC among the top seven companies by market cap.
The top exchanged-traded funds focused on stocks with particular characteristics, or factors, were mostly momentum, risk, and growth focused on Friday.
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FDA issues highest-risk recall for Alfredo sauce sold in 41 states
Check out what’s clicking on FoxBusiness.com.
The Food and Drug Administration (FDA) has classified a recall of more than 900 cases of Alfredo sauce at its highest risk level after a supplier recalled a dry milk powder ingredient used in the product due to potential salmonella contamination.
The FDA designated the recall as a Class I event, its most serious classification, meaning there is a reasonable probability that use of or exposure to the product could cause serious adverse health consequences or death.
The recall affects 913 cases of Alfredo sauce packaged in 3-pound, 7-ounce sealed poly bags and 12 bags per case, according to an FDA enforcement report.
FORD RECALLS MORE THAN 255,000 FOCUS VEHICLES OVER ENGINE STALL RISK

Fettuccine Alfredo is prepared in a kitchen. The FDA classified a recall of more than 900 cases of Alfredo sauce as a Class I event due to potential salmonella contamination. (Getty Images / Getty Images)
According to the FDA, The Coffee Connexion Co., Inc., which is based in Lebanon, Tennessee, voluntarily initiated the recall on May 6, after a supplier recalled a dry milk powder ingredient used in the product due to potential salmonella contamination. The recall remains ongoing.
A representative for The Coffee Connexion Co. did not immediately respond to FOX Business’ request for comment.
The affected product carries UPC 0039954921963 and includes batches 046188 through 046193 with a best-by date of Jan. 12, 2028; batches 047290 through 047296 with a best-by date of Feb. 16, 2028; batches 048029 through 048034 with a best-by date of March 9, 2028; and batches 049089 through 049094 with a best-by date of April 20, 2028.
MORE THAN 17K COFFEE MAKERS RECALLED AFTER DOZENS OF REPORTED BURN INJURIES

A serving of fettuccine Alfredo is served. The recalled product was distributed in more than 40 states, according to the FDA. (iStock / iStock)
According to the FDA, the product was distributed in Alabama, Arkansas, Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin and Wyoming.
Salmonella can cause serious and sometimes fatal infections in young children, older adults and people with weakened immune systems. Healthy people infected with salmonella often experience fever, diarrhea, nausea, vomiting and abdominal pain, according to the FDA.

According to the FDA, the product was distributed in 41 states. (Brian Kaiser/Bloomberg via Getty Images, File / Getty Images)
The FDA’s enforcement report states that no press release was issued for the recall and does not indicate whether any illnesses have been reported.
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The recall was assigned FDA recall number H-0909-2026 and received its Class I classification on June 4.
Business
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Mexico investigates murder of mayor of town in Oaxaca state

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Trump names James McDonald as US attorney for Manhattan

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