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
3 Outperforming Tech Stocks Bucking the Downward Trend in the Market
Amid the broader tech slump caused by investors’ sector rotation and concerns over rising inflation, shares of Motorola (MSI), Seagate (STX), and SS&C Technologies (SSNC) have been rallying thanks to investors’ optimism over their solid growth prospects. So, it could be wise to bet on them now. Let’s look closer.
Beware of These 2 Overvalued Auto Stocks
The automotive industry, particularly the used car and aftermarket sectors, is expected to keep growing at a decent clip in the coming months thanks to a continuing trend in which the public is shying away from using public transport. However, not all automotive-sector stocks are well positioned to benefit from the industry tailwinds. For instance, we think the current valuations of Carvana (CVNA) and CarParts.com (PRTS) are not justified by their financials or growth prospects. So, these stocks are best avoided now. Let’s discuss.
2 Software Stocks to Buy, 2 to Sell
Even though the software market is expected to grow exponentially in the near-to-midterm thanks to an ongoing, global digital transformation, not all software companies will benefit from the industry tailwinds. SAP (SAP) and SS&C (SSNC) are two names that we think will gain in the near-term based on their strong financials. But it is wise, we believe, to avoid Bill.com (BILL) and Five9 (FIVN) given the weakness in their financials and unfavorable analyst sentiment. Let’s look closer at all four companies.
2 Buy-Rated E-Commerce Stocks to Grab on Dips
The e-commerce market still has a lot of room for growth. And because the recent tech sell-off has caused the stocks of fundamentally-sound e-commerce players CarGurus (CARG) and Overstock (OSTK) to lose some value, we think it could be wise to pick them up now.
3 Momentum Stocks Headed for More Gains
Given the market’s current volatility, one of the best investing strategies could be betting on momentum stocks because their momentum might continue for some time. Toyota (TM), McDonald (MCD), and Lowe (LOW) have managed to generate significant returns over the past few months, and we think are headed for more gains in the coming months. So, it could be wise to bet on them now to dodge current market volatility. Read on.
Scoop Up These 2 Buy-Rated Stocks Down More Than 25% From Their Recent Highs
Concerns over rising inflation and Treasury yields have resulted in a price retreat by some fundamentally sound stocks. Hologic (HOLX) and TDK (TTDKY) are down more than 25% from their recent highs, but we think both are capable of a rebound in the near term. Read on.
Buy the Dip on These 4 Cybersecurity Stocks
The demand for advanced cybersecurity solutions is expected to increase in the coming months in response to an increase in cybercrimes. So, we think it is wise to bet on Check Point (CHKP), NortonLifeLock (NLOK), TrendMicro (TMICY), and Radware (RDWR) because these stocks are trading way below their 52-week highs but have the potential to rebound in the near-term. Read on.
2 Top Cybersecurity Stocks to Scoop Up on Market Dips
We think the broader tech sell off has created an ideal opportunity to buy the shares of some solid cybersecurity companies at attractive prices because the demand for cybersecurity solutions is expected to boom in the near-term with cyber hack incidents on the ascent. So, it could be wise to scoop up the shares of VMware (VMW) and Mimecast (MIME) now because they are expected to advance in the coming months.
3 Buy-Rated Tech Stocks That Are More Than 20% Off Their Recent Highs
As investors have rotated away from expensive tech stocks amid a reopening economy, some fundamentally strong tech stocks have lost value too. The prices of Salesforce (CRM), Qualcomm (QCOM), and Synopsys (SNPS) stocks are currently down more than 20% from their recent highs. But, given their sound fundamentals, we think these price levels could be great investment entry points. Let’s discuss.