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
3 Dirt-Cheap Department Store Stocks to Buy in April
The Russia-Ukraine war has worsened global supply chain disruptions, which is contributing to skyrocketing inflation. However, a steady demand for consumer goods is expected to help the performance of department store operators. Therefore, we think fundamentally sound department store stocks Kohl's (KSS), Nordstrom (JWN), and Macy's (M), which are trading at significant discounts to their peers, could be solid bets now. Read on.
Scoop Up These 2 Oversold Stocks in the Capital Markets Industry
Now could be a good time to scoop up oversold capital markets stocks Piper Sandler Companies (PIPR) and Donnelley Financial Solutions, Inc. (DFIN), which have the potential to rebound in the near term.
As Inflation Rages, here are 5 Discount Store Stocks to Add to Your Watchlist
The Russia-Ukraine war has exacerbated supply chain disruptions worldwide, causing many economists to forecast that inflationary pressure will persist longer than expected, irrespective of federal interest rate hikes. Amid rising prices, discount store operators should witness significant demand because they sell products at prices lower than traditional retail stores. So, we think it could be wise to add quality discount store stocks Dollar Tree (DLTR), Target (TGT), BJ's (BJ), Costco (COST), and Walmart (WMT) to one’s watchlist. Read on.
3 Beaten-Down Growth Stocks to Snatch Up in Q2 2022
Despite no clarity on when the Russia-Ukraine war will end, surging inflation, and logistical hindrances, the U.S. economy looks sufficiently resilient to weather the crises. Given this backdrop, we think shares of beaten-down growth stocks IQVIA (IQV), West Pharmaceutical (WST), and Synopsys (SNPS) could soar in price in the coming months. Let’s discuss.
3 Housing Stocks to Avoid as Mortgage Rates Surge
Since mortgage rates are rising faster than expected, mortgage application volume is falling sharply. This is causing home sellers to lower their prices. Since the housing sector might continue witnessing a downtrend in the near term, we think it could be wise to avoid fundamentally weak housing stocks D.R. Horton (DHI), NVR (NVR), and Lennar (LEN). The shares of each company are currently trading at premiums to their peers. Read on.
2 Overvalued Cybersecurity Stocks to Avoid in April
Although an increased risk of cyberattacks due to the Russia-Ukraine crisis, and growing investments in cybersecurity in the digital era, position the cybersecurity industry well to grow, the probability of aggressive interest rate hikes this year could dampen the performance of overvalued stocks in the sector. So, we think it could be wise to avoid fundamentally weak cybersecurity stocks Okta (OKTA) and Rapid7 (RPD), which look expensive at their current price levels. Let’s discuss.
According to Wall Street, these are the 4 Best EV Charging Stocks to Buy in 2022
With surging oil and gas prices, the demand for electric vehicles (EVs) is expected to balloon, making the prospects bright for the EV charging industry. Wall Street analysts recommend buying EV charging stocks Wallbox (WBX), ADS-TEC Energy (ADSE), Volta (VLTA), and Beam Global (BEEM), which are well-positioned to rally in the coming months. Read on.
2 Best High-Yield Stocks to Buy in April
Further Western sanctions on Russia, the possibility of aggressive interest rate hikes by the Fed, and deepening supply chain disruptions have fueled significant market volatility of late. Therefore, we think it could be wise now to bet on high-yielding dividend stocks Rio Tinto (RIO) and Dorchester Minerals (DMLP) to generate a steady income stream.
4 Ultra-Popular Stocks to Avoid Like the Plague in April
New indications of forthcoming aggressive interest rate hikes by the Federal Reserve and further sanctions against Russia have dampened investor sentiment again, despite a seemingly recovering economy. Therefore, we think it could be wise to avoid fundamentally weak stocks Hycroft Mining (HYMC), SoFi Technologies (SOFI), DraftKings (DKNG), and Opendoor Technologies (OPEN), which look overvalued at the current price levels. Read on.