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
3 Under the Radar Industrial Stocks Rated "Strong Buy”
As the U.S. economy recovers from the slowdown caused by the COVID-19 pandemic, the industrial sector has been kicking back into life. While investors’ rotation into potential post-pandemic winning names has already helped many industrial stocks advance, Mettler-Toledo (MTD), ABB (ABB), and Altra Industrial Motion (AIMC) are still under the radar. We believe these three stocks are well positioned to gain on a fast-paced economic recovery. Let’s look closer at these companies.
3 Drilling Stocks to Ride the Rally in Oil
The oil drilling market has made an impressive comeback supported by deep oil supply cuts by exporting countries and rising demand from the reopening industrial sector. Amid a recent wave of cost reductions, the industry is capitalizing on the rising viability of deep-water and ultra-deep-water projects through the adoption of superior technologies. Hence, we think the stocks of EOG Resources (EOG), PDC Energy (PDCE), and Oasis Petroleum (OAS) have strong return prospects in the near- to mid-term.
2 Cryptocurrency Stocks Wall Street Hates
There are several ways to profit from blockchain and the crypto space other than investing in cryptocurrencies directly. However, Riot Blockchain (RIOT) and Silvergate Capital (SI), which offer such alternatives, are prone to fluctuations primarily due to their heavy dependence on bitcoin’s movements. This is why Wall Street analysts do not recommend these stocks. Let’s discuss.
3 Agriculture Stocks to Buy with the Commodity Bull Market Raging
The U.S. Department of Agriculture (USDA) responded rapidly to a disrupted agricultural market last year with several relief programs. This in turn reduced the level of uncertainty and price volatility in agricultural commodities and drove a significant recovery in prices in the second half of 2020. Now, with a COVID-19 mass vaccination program starting to take effect and the re-emergence of China as an important consumer, agricultural commodity prices are moving higher. Hence, we think the stocks of Archer-Daniels-Midland (ADM), Nutrien (NTR), and The Mosaic (MOS) are well-positioned to benefit in the coming months.
Costco Wholesale: Buy, Sell, or Hold?
The warehouse and e-commerce website operator COST has effectively managed its business to deliver impressive revenue growth over the years. But the stock has largely underperformed the broader market amid the COVID-19 pandemic. This, coupled with a recent earnings miss and the adverse effects of the pandemic on its global supply chain, has raised uncertainty regarding the company's near-term growth prospects. So, let’s evaluate COST’s prospects now.
Should You Buy the Dip in Pinduoduo?
Mobile-only marketplace PDD has effectively managed the hardships and dislocations caused by the COVID-19 pandemic. It has been investing heavily in agriculture and food technology to ensure the resilience of its food-supply chain. But this Chinese company is currently facing anti-trust scrutiny and internal business disruptions that could mar its earnings growth. Indeed, the stock has lost some value lately, so is it worth buying the dip? Read on.
3 High-Yield Energy Stocks to Buy as Oil Demand Soars
Oil production cuts implemented by OPEC member countries and other producers, and rising energy demand with the reopening of industrial activities worldwide, augur well for the global oil market. Consequently, oil prices have rebounded to pre-pandemic levels in recent weeks. Hence, we think it wise to bet on the stocks of Western Midstream (WES), Enable Midstream (ENBL), and Star Group (SGU). In addition to price appreciation, these stocks’ high dividend yield could ensure solid total returns for investors. Read on for details, please.
2 Investment Banks to Buy as M&A Activity Heats Up
With U.S. Presidential elections now history and a level of political certainty assured for the time being, many companies now feel comfortable taking more calculated risks, such as moving forward with M&A plans. The prevailing low interest rate environment and galloping equity markets are a siren call to potential acquirers looking to pursue M&As. Furthermore, many SPACs are also looking for acquisition targets. We believe such an environment bodes well for major investment banking companies Evercore (EVR) and Lazard (LAZ). Let’s discuss.
3 Financial Service Stocks to Buy and Hold for the Long Term
The impact of the COVID-19 pandemic, combined with an accommodative Federal Reserve monetary policy, has fundamentally reshaped the global financial industry on many fronts. With a low interest rate environment—which has significantly reduced financial companies’ traditional revenue sources—as the backdrop, companies in this space are finding new pathways to profitable growth. Financial services companies are increasingly adopting emerging technologies and collaborating with FinTech companies to build out their digital operations and services. Given this backdrop, we believe Capital One Financial (COF), Discover (DFS), and Ally Financial (ALLY) are well-positioned to prosper. Read on.