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
Is There Any Hope Left for This EV Stock?
Mullen Automotive (MULN) has failed to generate positive investor sentiment despite its latest bids and acquisitions, as is evident from its almost 94% decline this year. Moreover, the stock has hit its 52-week low of $0.32 in the last session. Also, considering the macroeconomic headwinds, will MULN be able to gain momentum anytime soon? Let’s find out…
The Worst Stock to Buy During Times of High Inflation
Rent the Runway (RENT) is slated to cut its workforce by 24% in the face of declining consumer spending amid soaring prices. Its subscriber count dropped in the last quarter. The stock has lost more than 70% year-to-date. Given the stubbornly high inflation, RENT might be best avoided. Keep reading…
3 Beverage Stocks Investors Should Keep Tabs on at All Times
Food and beverage sales remained steady last month despite sky-high inflation. Moreover, demand for non-alcoholic drinks is growing amid rising health awareness. Given the sound prospects of the industry, investors should keep tabs on popular beverage stocks Coca-Cola (KO), PepsiCo (PEP), and Anheuser-Busch InBev (BUD) at all times. Keep reading…
3 Stocks You'll Want to Leave out of Your Retirement Portfolio
The stock market is experiencing wild swings amid the consecutive Federal rate hikes and deteriorating investor sentiments. Moreover, the aggressive rate hikes are raising recession concerns. Therefore, fundamentally weak stocks Uber Technologies (UBER), Workhorse Group (WKHS), and AppHarvest (APPH) might be best avoided for your retirement portfolio. Also, these stocks do not pay dividends. Read on…
2 Apparel Stocks to Buy in 2022 and 1 to Sell
Despite sky-high prices, demand for clothing and accessories remained stable in August. Moreover, sales are expected to remain robust as people return to outdoor activities and offices. While we think quality apparel stocks Hugo Boss (BOSSY) and J.Jill (JILL) could be ideal additions to your portfolio, fundamentally bleak Hanesbrands (HBI) might be best avoided. Read on…
1 Stock You Shouldn't Rush to Buy Anytime Soon
AMC Entertainment (AMC) hit its 52-week low of $6.81 in today’s session. Moreover, the stock has slumped more than 70% this year and might fall further, given the overall industry's grim outlook and its weak fundamentals. Given its lackluster momentum, the stock might not be the best buy anytime soon. Keep reading…
Which Medical Stock Is the Better Buy This Fall: RMED or ABT?
Amid the rising rate of chronic diseases worldwide, the need for medical diagnosis and treatment has significantly increased. Given the sound prospects of the healthcare industry, Abbott (ABT) and Ra Medical (RMED) are expected to benefit. But which medical stock is the better Buy this fall? Let’s find out…
3 Industrial Stocks to Buy Before the Market Recovers and 1 to Sell
Despite lingering market headwinds, total industrial production in August increased on a year-over-year basis. Furthermore, lucrative federal investments in infrastructure development are slated to foster rapid growth in the industrial sector. We think investors should add quality industrial stocks Parker-Hannifin (PH), Titan Machinery (TITN), and LSI Industries (LYTS) to their portfolios before the market recovers. However, fundamentally weak FuelCell Energy (FCEL) might be best avoided. Read on…
Time to Buy AMD Stock? Not so Fast...
Following the Biden administration’s new chip export restrictions and deteriorating investor sentiment, Advanced Micro Devices (AMD) has declined significantly, hitting its 52-week low in recent trades. Given its weak bottom-line performance in the last reported quarter, it might not be wise to invest in the stock just yet. Read on…