About Nimesh Jaiswal
Nimesh Jaiswal's fervent interest in analyzing and interpreting financial data led him to a career as a financial analyst and journalist. The importance of financial statements in driving a stock’s price is the key approach that he follows while advising investors in his articles.
Nimesh majored in accounting and finance in college and is currently pursuing a CMA (Cost & Management Accountant) program.
Recent Articles By Nimesh Jaiswal
4 Stocks That Will Benefit from the Pentagon's Newly Released 2022 Defense Budget
In its recently released defense budget proposal for 2022, the Pentagon is seeking $715 billion. This amount reflects a $10 billion increase from its 2021 budget. In President Biden’s view, the U.S. should now seek to end “forever wars,” while investing in cutting-edge military capabilities. We think this suggests solid growth prospects for military contractors Lockheed Martin (LMT), General Dynamics (GD), L3Harris (LHX), and Textron (TXT). So, it could be wise to scoop up their shares now. Read on.
Steer Clear of These 2 Overvalued Recent IPOs
A low interest rate environment and the stock market’s bullish run have been driving increased initial public offering (IPO) activity since last year. And investor enthusiasm for IPOs has helped recently listed stocks Coinbase Global, Inc. (COIN) and C3.ai, Inc. (AI) soar. However, considering their limited growth prospects, we think these IPO stocks look extremely overvalued at their current price levels and are best avoided now.
3 Materials Stocks to Buy Now
Materials stocks were mostly ignored by investors last year as the industry was brought low by near-halt in economic activities. But the demand for materials has been climbing rapidly this year with the reopening of industrial and construction activities. So, it could be wise to bet now on Alcoa (AA), Quanex (NX), and Olympic (ZEUS). We think these names are well positioned to capitalize on the industry’s recovery. Read on.
2 Automobile Manufacturers That Received Upgrades Last Week
The automotive industry is expected to see a solid recovery later this year as disruptions caused by a global semiconductor chip shortage abate with huge government and private investments to boost semiconductor production. So, we think it could be wise to now bet on automobile manufacturers NIO (NIO) and Ford Motor (F) because they recently received upgrades from analysts and are favorably positioned to gain from the industry tailwinds. Read on to learn more.
3 Financial Stocks Breaking Out to New Highs
A low interest rate environment and slowdown in economic activities put pressure on financial stocks last year. However, with the economy’s reopening and with it an uptick in financial transactions this year, many financial services companies are experiencing a solid recovery. This, coupled with improving odds that the Fed will raise interest rates soon in response to rising inflation, is helping the shares of Capital One (COF), Synchrony (SYF), and OneMain (OMF) climb to fresh highs. Despite hitting their 52-week highs recently, we think these stocks appear to have plenty of remaining upside. Read on.
2 Undervalued Growth Stocks in the Retail Industry
Because brick & mortar store sales are rising with the reopening of the economy, we think popular retailers Foot Locker (FL) and Sportsman's Warehouse (SPWH) could generate significant growth in the coming months. And because these two stocks are still trading at reasonable valuations, we think it could be wise to bet on them right now.
Forget SemiLEDs, Buy These 3 Taiwanese Semiconductor Stocks Instead
Shares of Taiwanese semiconductor company SemiLEDs (LEDS) appear to be significantly overvalued at their current price level considering the company’s weak financials. So, investors seeking to invest in Taiwanese semiconductor stocks could instead consider United Microelectronics (UMC), Himax Technologies (HIMX), and ChipMOS (IMOS). We think these three companies possess sound financials and are well-positioned to capitalize on the industry tailwinds. Read on for details.
2 Undervalued Growth Stocks in the Tech Sector
Given the ongoing global, digital transformation and rising demand for advanced technologies from almost all industries, the technology sector is expected to see solid growth this year and beyond. However, the rotation by investors away from tech stocks to cyclical stocks has brought many tech stocks down to trade now at reasonable prices. As such, we think Qualcomm (QCOM) and Netgear (NTGR) look undervalued at their current price levels given their immense growth potential. Read on.
4 Momentum Stocks to Buy in June
To dodge current market volatility that is being driven in-part by concerns over rising inflation, it could be wise to invest in Canadian Natural Resource (CNQ), SS&C Technologies (SSNC), Mitsubishi Chemical (MTLHY), and The Timken (TKR). The shares of these companies have gained momentum over the past few months, which they are expected to maintain in the near term. So, read on for some details on these names.