About Rishab Dugar
Rishab is a financial journalist and investment analyst. His investment approach is to focus on quality stocks, trading at low prices, with business models that he readily understands.
Rishab majored in finance while at college and is currently a Level III candidate of the Chartered Financial Analyst (CFA) program.
Recent Articles By Rishab Dugar
2 Solar Stocks Up More 100% in 2021
The solar industry has been one of the best performing industries over the past year as governments around the globe have initiated measures to address climate change concerns. However, the estimated potential growth of the industry has made many investors overly optimistic. Consequently, most solar stocks have soared, advancing ahead of their fundamentals and actual growth potential. Let us discuss why two such stocks — Sunworks, Inc. (SUNW) and iSun, Inc. (ISUN) — have been surging higher this year.
3 Electric Vehicle Stocks to Avoid in March
The electric vehicle (EV) industry has been unstoppable over the past year. The industry’s attractive growth prospects have lured in several new industry participants. But absent adequate fundamental strength and/or products in the market, the stocks of many of these companies have run up in price based solely on investor optimism. Nikola (NKLA), Electrameccanica Vehicles (SOLO), and GreenPower Motor (GP) are three such stocks. They are currently trading at sky-high valuations, though we believe they lack the requisite fundamental strength to justify those valuations. So, these stocks are best avoided now.
2 Electric Vehicle Stocks Trading Up More Than 30% in 2021
The rise in fuel prices and climate change concerns are leading to an increased and widespread focus on electric vehicles (EVs). In fact, the EV industry has been attracting heightened investment in recent years. The industry’s bright prospects have lured several new players to enter the field and the shares of many of them have skyrocketed even absent fundamental strength. This activity is making the industry a risky area for investors. Here we discuss two EV stocks — Fisker (FSR) and Niu Technologies (NIU) — that have attracted significant investor attention so far this year.
4 Under the Radar Stocks Thriving due to the Hot Housing Market
The housing market is on fire, driven by a shortage of housing inventory and near-zero interest rates. With the new U.S. Presidential administration reconsidering existing regulations to protect this sector’s growth, the housing market is expected to maintain its momentum. Against this backdrop, we believe betting on home improvement stocks The Sherwin-Williams (SHW), Fortune Brands Home & Security (FBHS), Tempur Sealy International (TPX) and Sleep Number (SNBR) could be highly rewarding.
2 Clean Energy ETFs to Power Your Portfolio
The electrification of transportation and other ongoing initiatives by major industries that are pursuing de-carbonization are driving the clean energy industry’s growth. The new U.S. Presidential administration is also facilitating the deployment of renewables across sectors to curb carbon emissions. Given this backdrop, we believe ETFs such as Invesco Wilder Hill Clean Energy (PBW) and Invesco Global Clean Energy (PBD) should witness substantial gains in the coming months.
4 Stocks that Investors Should Consider as Pet Ownership Booms
The pet care market has been generating impressive growth in recent times owing to rising disposable income and people’s more homebound lifestyles dictated by COVID-19 containment requirements. Because the hybrid or remote working models made necessary by the public health crisis are encouraging the adoption of more pets, budding pet grooming companies like Zoetis (ZTS), Colgate-Palmolive (CL), Spectrum Brands (SPB) and Central Garden & Pet (CENTA) should witness significant growth in the coming months.
2 Computer Hardware Stocks to Avoid
The global computer hardware industry has had to deal with severe operational challenges and disruptions caused by the COVID-19 pandemic. Also, the increasing availability of better technology alternatives and strict regulations related to e-waste management are posing major threats to the industry’s growth. Hence, we think it would be safer to avoid computer hardware stocks Canaan (CAN) and Logitech (LOGI). We believe these names lack the fundamental strength to overcome industry challenges.
4 Furniture Stocks Breaking Out with the Strong Housing Market
With the Fed’s plan to hold the interest rates at near zero levels for the foreseeable future, and businesses’ accelerating shift to remote employee structures, the demand for bigger homes and the need to improve existing homes should keep rising. Thus, furniture stocks should witness rising demand. We believe that against this backdrop, betting on Williams-Sonoma (WSM), La-Z-Boy (LZB), Haverty Furniture (HVT), and Select Interior Concepts (SIC) could be very rewarding.
2 Buy-Rated Indian Stocks to Diversify Your Portfolio
India's stock market has been one of the best performers among developing economies year-to-date. The country has been attracting significant foreign direct investment (FDI), particularly in the information technology sector, given its favorable business environment. So, to diversify one’s portfolio, we think investing in India’s IT stalwarts Infosys (INFY) and Wipro (WIT) could be rewarding.