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 Costco Stock Worth Its Hefty Price Tag?
Costco Wholesale (COST) is currently trading just 10.9% below its 52-week high and possesses further upside potential, according to Wall Street. The stock closed the last trading session at $545.75. However, is it worth investing in COST at this hefty price level? Let’s find out…
3 Popular Nasdaq 100 Stocks to Avoid Right Now
The Fed is expected to maintain its hawkish stance despite easing inflation numbers, which might impede the performance of the Nasdaq 100. Moreover, given the rising recession fears, it could be wise to avoid popular yet fundamentally weak Nasdaq 100 stocks, Advanced Micro Devices (AMD), Blackstone (BX), and BlackRock (BLK) now. Read on to know more…
4 Semiconductor Stocks to Buy as Sales Increase
While the global semiconductor shortage remains a pressing concern, the China-Taiwan tensions could aggravate it further. However, rising government and corporate investments to ramp up production should drive the industry’s growth, given the ever-increasing demand and rising prices. As the industry witnessed sales growth in the last quarter, quality semiconductor stocks STMicroelectronics (STM), Texas Instruments (TXN), MaxLinear (MXL), and Rambus (RMBS) could be solid investments now. Keep reading…
The 3 Best Nasdaq 100 Stocks to Buy Now
The significant improvement in the inflation story has boosted investors’ confidence. However, market volatility is rife, and despite the uncertainties, the Nasdaq 100 has witnessed significant gains. Therefore, quality Nasdaq 100 stocks Johnson & Johnson (JNJ), Procter & Gamble (PG), and Novo Nordisk (NVO) could be ideal additions to your portfolio now. Let’s discuss the stocks in detail…
3 Retail Stocks Doing Well Despite Recession Fears
July inflation came lower than expected, providing some relief to the investors’ concerns. However, the Fed intends to continue with its rate hikes, and the chances of a potential recession cannot be ruled out. The retail industry has outperformed the broader market over the past month, and we think investors could consider adding quality retail stocks Ulta Beauty (ULTA), Build-A-Bear (BBW), and Winmark (WINA) to their portfolio now, despite the recession fears. Keep reading…
5 No-Brainer ETFs to Buy in August
A better-than-expected July inflation report has boosted investors’ confidence, leading to the benchmark indices hitting multi-months highs. Moreover, the latest inflation report raises the possibility that the Fed might loosen its policy tightening. So, here are some quality no-brainer ETFs Utilities Select Sector SPDR (XLU), Vanguard Utilities Index (VPU), SPDR S&P Dividend (SDY), JPMorgan Ultra-Short Income (JPST), and Fidelity MSCI Utilities Index (FUTY) you can consider adding to your portfolio this month. Read on…
4 Travel Stocks to Watch Amid Surge in Leisure Demand
Despite a challenging macroeconomic landscape, travel demand has remained robust. People are actively indulging in leisure travels. Therefore, given the overwhelming demand, it could be wise to add quality travel stocks, Bluegreen Vacations (BVH), Playa Hotels & Resorts (PLYA), Travel + Leisure (TNL), and Target Hospitality (TH) to your watchlist now. Keep reading…
3 Penny Stocks to Buy Before the Bull Market Returns
he stock market has witnessed immense volatility this year. However, many analysts believe that the bear market is over. And the stock market gains are indicative of a new bull market. Thus, we think it could be the right time to scoop up shares of quality penny stocks Assertio Holdings (ASRT), GEE Group (JOB), and Hill International (HIL) ahead of a potential bull market rebound. Read on…
The 3 Top Aerospace and Defense Stocks to Buy Now
The U.S. aerospace and defense industry is evolving, supported by lucrative fiscal investments and rapid defense technology advancement. Moreover, given the growing tension between China and Taiwan, it could be wise to add quality aerospace and defense stocks, Lockheed Martin (LMT), L3Harris Technologies (LHX), and Raytheon Technologies Corp. (RTX) to your portfolio now. Continue reading…