About Priyanka Mandal
Priyanka is a passionate investment analyst and commentator. After earning a master's degree in economics, her interest in financial markets motivated her to begin her career in investment research.
Her approach is to find a financial instruments’ intrinsic value for predicting its future price movement.
Recent Articles By Priyanka Mandal
Stay Away from These 3 Meme Stocks in the Healthcare Sector
While the healthcare industry is expected to remain in focus even after the COVID-19 pandemic, thanks to growing healthcare demand from an aging population, not all companies in this space are well-positioned to capitalize on the industry tailwinds. Therefore, we believe meme stocks in the healthcare sector, Teladoc Health (TDOC), Clover Health (CLOV), and Sundial (SNDL), are best avoided now. Let’s discuss these names.
Beware of These 3 EV Charging Stocks After Sen. Joe Manchin Ruins the Chance for US Climate Change Policy
The efforts worldwide to gradually phase out fossil-fuel-powered vehicles make the EV industry’s prospects bright. However, Democratic Sen. Joe Manchin’s ‘no’ position on President Biden’s Build Back Better Act makes the domestic EV industry’s prospects bleak. Therefore, we think it is better to avoid fundamentally weak EV charging stocks ChargePoint (CHPT), Blink Charging (BLNK), and EVgo (EVGO) because they could witness a downtrend in the near term.
3 Solar Stocks Wall Street Predicts Will More Than Double in the Next 12 Months
Tax credits, government initiatives to meet net-zero carbon emission goals, and rising demand for solar panel installations should bolster the solar industry's growth in the coming months. Therefore, Wall Street analysts expect solar stocks ReneSola (SOL), SPI Energy (SPI), and I Sun (ISUN) to more than double in price over the next 12 months. Read on to learn more.
2 Cruise Stocks Wall Street Predicts Will Rally by 55% or More
After being forced by the COVID-19 pandemic to navigate very rough operational waters last year, the cruise industry rebounded this year and is expected to continue seeing high demand next year and beyond, thanks to the easing of travel restrictions and rising holiday travel demand. Therefore, Wall Street analysts expect cruise stocks Carnival Corporation (CCL) and Norwegian Cruise (NCLH) to rally 55% or more in price in the near term. So, let’s discuss.
Beware of These 3 Extremely Overvalued Tech Stocks
With the accelerated pace of digital transformation and unabating hybrid working trends, businesses are investing significantly in technology upgrades. Also, tech trends are expected to dominate the market next year. So, while this should benefit most technology stocks, a few are already trading at lofty valuations despite possessing relatively weak growth prospects. For example, we think Snowflake (SNOW), Cloudflare (NET), and MongoDB (MDB) look significantly overvalued at their current price levels and could witness a pullback soon. So, they are best avoided now. Read on.
3 Chinese Electric Vehicle Stocks Wall Street Predicts Will Rally 50% or More
An increasing focus on transitioning to a zero-emissions environment, rising government spending, and burgeoning charging infrastructure are driving the electric vehicle (EVs) industry's growth. And since China has been witnessing rapid EV adoption, Wall Street analysts expect Chinese electric vehicle stocks NIO (NIO), XPeng (XPEV), and Li Auto (LI) to rally 50% or more in price in the near term. So, please read on for details.
Think Cannabis Will Rebound in 2022? Then Consider Scooping Up These 2 Stocks Down More Than 70% YTD
Although many cannabis stocks retreated in the second half of this year, the surge in cannabis sales and increasing legalization efforts may lead these stocks to a strong rebound next year. So, if one believes cannabis will rebound in 2022, one should consider scooping up HEXO (HEXO) and Neptune Wellness (NEPT), which are down more than 70% in price year-to-date. Read on.
3 Undervalued Telecom Stocks to Scoop Up Now
The telecom industry suffered through a rough patch last year due to the COVID-19 pandemic. However, telecom providers’ continuing efforts to invest in infrastructure and services, and a surge in demand for high-speed data connectivity have driven a solid recovery this year. So, we think telecom stocks AT&T (T), InterDigital (IDCC), and Ooma (OOMA), which look undervalued at their current price levels, could be ideal picks now.
2 Small-Cap Software Stocks Rated Strong Buy in the POWR Ratings
The rapid technological advancements and digital transformation over the past 18 months have propelled the software industry’s growth. And the continuing hybrid working environment and growing need to improve business processes should help the industry continue growing. Therefore, we believe now is an opportune time to bet on fundamentally sound small-cap software stocks CSG Systems (CSGS) and Magic Software (MGIC). These stocks are rated Strong Buy in our proprietary rating system. So, let’s discuss.