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
5 Dirt-Cheap Tech Stocks Poised for a Rebound
The current market uncertainties around inflation and interest rate increases have fostered widespread bearish sentiment. However, the market sell-off has caused the stocks of quality technology companies Micron Technology (MU), Perion Network (PERI), Lenovo Group (LNVGY), Telefonaktiebolaget LM Ericsson (ERIC), and Diodes (DIOD) to trade at discounted valuations. So, we think these stocks could be ideal investment bets because they are poised for a price rebound. Read on.
3 Cheap Stocks Under $10 to Buy Now
Amid the volatile market backdrop owing to heightened inflation, interest rate increases, and the threat of a recession, we think it could be wise to make bet on the cheap yet quality stocks of Friedman Industries (FRD), Ultralife (ULBI), and Century Casinos (CNTY). These names are currently trading at affordable prices. Furthermore, they each have a Strong Buy rating in our POWR Ratings system. Read on.
Buy the Dip: 3 Consumer Cyclical Stocks Too Cheap to Ignore
Consumer cyclical stocks have witnessed a substantial price dip amid bearish consumer sentiment and contracting macroeconomic growth rates. However, consumer spending remains strong and could help fundamentally sound consumer cyclical companies ODP (ODP), Movado Group (MOV), and TravelCenters of America (TA) to perform well despite the economic turbulence. Thus, we think investors should take advantage of the dip and scoop up these companies’ shares. Read on.
Wall Street Predicts These 3 Large-Cap Growth Stocks Will Rally 56% - 68%
Given the volatile market, investors have been turning to relatively safer large-cap growth stocks to hedge the risks and uncertainties. These stocks tend to outperform the broader markets during periods of economic downturn. Thus, Wall Street analysts are betting on quality large-cap growth stocks Airbnb (ABNB), CrowdStrike (CRWD), and Datadog (DDOG) to rally more than 56% in the near term.
3 Red-Hot Healthcare Stocks Ignoring the Market's Downtrend
Despite bearish market sentiment, the healthcare industry has outperformed the broader market thanks to its defensive nature. Given overwhelming demand and the need for global healthcare development, we think the stocks of quality healthcare companies Cigna (CI), Organon (OGN), and Bristol-Myers Squibb (BMY) could be solid bets now. These stocks have outperformed the broader market over the past six months. So, let’s discuss these names.
2 Exercise Equipment Stocks to Avoid Like the Plague
The U.S. equity markets have been reeling under the pressure of market uncertainties, which include galloping inflation and anticipated aggressive rate hikes to rein it in. Because consumer sentiment is now hovering around record lows, exercise equipment and related fitness industries might witness a substantial downtrend. Thus, we think it could be wise to avoid fundamentally weak exercise equipment stocks Nautilus (NLS) and Peloton Interactive (PTON). Read on.
5 Top-Rated Semiconductor Stocks to Buy in June
Substantial investments by industry leaders and federal government funding are expected to expand the U.S. semiconductor sector considerably. Furthermore, given the overwhelming demand for chips, we think it could be wise to bet on the stocks of quality semiconductor companies QUALCOMM (QCOM), STMicroelectronics (STM), United Microelectronics (UMC), Renesas Electronics (RNECF), and Semtech (SMTC) now. Read on.
3 'Strong Buy' Fertilizer Companies to Help Grow Your Portfolio
The Russia-Ukraine war has caused a widespread food and fertilizer shortage, with prices hovering around record highs. However, robust federal spending policies are expected to improve the supply chain bottleneck. So, amid the strong demand for food and fertilizers, we think the stocks of quality fertilizer companies Nutrien (NTR), Yara International (YARIY), and ICL Group (ICL) could be solid bets now.
3 Undervalued Chemical Stocks Rated 'Strong Buy' or ‘Buy’
With the gradual resumption of global manufacturing activities, demand for chemicals is soaring. Given rising prices and an increasing focus on domestic chemical production, we think it could be wise to scoop up the shares of quality chemical companies Huntsman (HUN), Asahi Kasei (AHKSY), and AdvanSix (ASIX), which look undervalued at their current price levels. These stocks have an overall A (Strong Buy) or B (Buy) rating in our proprietary POWR Ratings system. Read on.