About Riddhima Chakraborty
Riddhima is a financial journalist with a passion for analyzing financial instruments. With a master's degree in economics, she helps investors make informed investment decisions through her insightful commentaries.
Recent Articles By Riddhima Chakraborty
2 Outperforming Financial Stocks That Should Remain Strong Throughout 2022
The Federal Reserve’s hawkish stance–replete with interest rate increases–should benefit many stocks in the financial sector by helping them generate more interest income. Therefore, we believe that adding fundamentally sound financial stocks Unum Group (UNM) and First BanCorp (FBP) to one’s portfolio could be wise. These stocks have outperformed the S&P 500 year-to-date and should keep soaring in price. Read on.
5 Beaten-Down Basic Materials Stocks to Scoop Up Right Now
With the gradual resumption of construction projects that were suspended due to the COVID-19 pandemic, the demand for basic materials is increasing. And despite lingering logistical hurdles, Federal policies to boost domestic production of basic materials should drive the sector’s growth. Therefore, we think it could be wise to scoop up beaten down yet quality basic materials stocks Vale (VALE), Eastman Chemical (EMN), CRH (CRH), RPM International (RPM), and James Hardie (JHX) right now. Read on.
Better Buy: O'Reilly Automotive vs. Advance Auto Parts
The easing of supply chain disruptions and growing demand is expected to propel new car production, boosting the auto parts manufacturers’ prospects. Both O'Reilly Automotive (ORLY) and Advance Auto Parts (AAP) are expected to benefit from the industry tailwinds. But which of these stocks is a better buy now? Read more to find out.
Take Advantage of the Dip: 3 Blue Chip Stocks to Buy and Hold
Since concerns over potential interest rate hikes to control inflation and ongoing geopolitical crises are expected to keep the stock market under pressure, we think it could be wise to scope up shares of blue-chip companies to ensure some stability to one’s portfolio returns. Significant market reach, pricing power, and liquidity help blue-chip stocks perform steadily irrespective of market fluctuations. Therefore, it could be wise to bet on blue-chip stocks Walmart (WMT), The Coca-Cola Company (KO), and The Procter & Gamble Company (PG) at their current dips. Read on.
3 Surging Oil & Gas Stocks with More Room to Run
Due to supply constraints and soaring demand, oil and gas prices are hovering at near record-high levels, delivering the highest-ever profits for the overall energy sector. Given the robust demand for energy, we think it could be wise to scoop up the surging stocks of oil & gas companies PBF Energy (PBF), Gran Tierra Energy (GTE), and VAALCO Energy (EGY), which still have plenty of upside to deliver. Read on.
3 Undervalued Tech Stocks Trading Under $10
Concerns over aggressive interest rate hikes by the Federal Reserve to tame multi-decade high inflation have wreaked havoc on tech stocks. However, given the increasing dependence on tech solutions, the stocks of fundamentally sound technology companies should rebound soon. Therefore, we think it could be wise to bet on quality tech stocks Telefonaktiebolaget LM Ericsson (ERIC), ASE Technology (ASX), and Benefitfocus (BNFT), which look undervalued at their current price levels. Let’s discuss.
5 Recently Downgraded Stocks to Avoid
Given the ongoing market uncertainties owing to the planned rate hikes to control the multi-decade high inflation and rising odds of a recession, it could be wise to avoid Under Armour (UAA), Winnebago Industries (WGO), Thor Industries (THO), The Bank of New York Mellon (BK) and Wipro (WIT), which analysts have recently downgraded.
2 Under-the-Radar High-Yield Stocks That Continue to Outperform the Market
Despite the uncertainties surrounding the market and the economy, it could be wise to bet on under-the-radar, high-yield dividend stocks Delek Logistics (DKL) and Donegal Group (DGICA). These stocks have outperformed the broader market so far this year and are likely to continue to do so.
3 Under-the-Radar Packaged Food Stocks to Buy on Dips
Despite the continuing increase in food prices, demand for packaged food products remains stable, thanks to their easy-to-consume characteristics. So, it could be wise to buy the dip in the stocks of packaged food companies Ingredion (INGR), WH Group (WHGLY), and John B. Sanfilippo (JBSS), which we think are well-positioned to survive the rising food prices and rebound quickly. Let’s discuss.