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 Internet Stocks You'd Be Better off Buying Than Amazon
The stock market has been witnessing wild swings amid the consecutive Federal rate hikes. E-commerce giant Amazon (AMZN) lost more than 30% in 2022. Moreover, its bottom-line position looks concerning. However, investors looking to invest in internet stocks could consider buying TripAdvisor (TRIP) and Yelp (YELP) instead, which have outperformed AMZN over the past few months. Read on…
Sell These 2 Sports Betting Stocks Before They Fumble Further
The raging inflation and rising recession fears amid the Fed’s aggressive rate hikes are leading people to cut discretionary spending such as sports wagering. And considering declining investors’ confidence in the sports betting sector, we think fundamentally weak DraftKings (DKNG) and Esports Entertainment (GMBL), which have been slumping in price, are best sold off before they fumble further. Read on...
2 Stocks You'll Wish You Bought a Lot Earlier
The Fed's consistent rate hikes have wreaked havoc across markets. However, fundamentally solid stocks Pfizer (PFE) and CVS Health (CVS) survived the market volatility pretty well. While these stocks are good additions to your portfolio, you would have benefited more had you invested in them earlier. Read on…
5 Stocks Investors Can Count on in a Bear Market
The stock market is expected to remain under pressure as the Fed continues its hawkish stance to fight inflation. Moreover, the International Monetary Fund has recently warned of elevated global financial stability risk. We think fundamentally solid stocks UnitedHealth Group (UNH), Walmart (WMT), AbbVie (ABBV), Coca-Cola Company (KO), and Dollar General (DG), which have a stable dividend-paying record, could help navigate a bear market. Keep reading…
3 Tech Stocks to Buy Instead of Apple
In the face of aggressive rate hikes, the tech-heavy Nasdaq composite has lost more than 30% year-to-date. However, robust demand for tech solutions and rising investments should drive the industry’s long-term growth. Since tech giant Apple (AAPL) has witnessed a decline in the bottom line in the last reported quarter, one could invest in Microsoft (MSFT), Cisco Systems (CSCO), and Canon (CAJ), which have better rebound potential. Keep reading…
Don't Let Its Cheap Price Tag Fool You. WISH Stock Isn't a Buy at $1
ContextLogic (WISH) has lost more than 75% year-to-date and is trading near its 52-week low of $0.70. Moreover, the company has been witnessing declining revenues. Considering its bleak fundamentals, this penny stock is best avoided despite its cheap price tag. Keep reading…
LAZR Stock: Buy Now at the Lows or Wait?
Luminar Technologies (LAZR) recorded significant growth in its total revenue for the second quarter ended June 2022. However, its bottom-line losses widened. The stock has declined almost 60% year-to-date and is trading near its 52-week low of $5.61. Let’s find out if you should buy LAZR at such lows or wait…
5 Penny Stocks to Avoid at All Costs in 2022
Considering the resiliency of the labor market, the Fed is expected to continue with its aggressive rate hikes. On the other hand, the recession odds are rising. Therefore, fundamentally weak penny stocks Tellurian (TELL), Gevo (GEVO), FingerMotion (FNGR), Faraday Future Intelligent Electric (FFIE), and BitNile (NILE) might be best avoided in 2022. Let's discuss this in detail...
1 Entertainment Stock to Hold off From Buying in 2022
Entertainment and media giant Warner Bros. Discovery (WBD) recently dismissed many of its employees from the ad sales department. Moreover, the stock has lost nearly 55% in price over the past year. And given its negative profitability and bleak bottom line, it might be wise to avoid WBD now. Keep reading…