Sidharath’s passion for financial markets and love for words guided his way to become a financial writer. He began his career as an Equity Analyst researching stocks and preparing in-depth research reports. Sidharath is currently pursuing the CFA program to deepen his knowledge of financial analysis and investment strategies.
Sidharath’s daily coverage of the financial markets keeps him on top of key trends, with the goal of helping investors make well-informed decisions.
A robust economic recovery outlook has unleashed a manufacturing boom so far this year, making the backdrop favorable for basic materials stocks. Prices of basic materials have been on the rise, backed by strong demand from industrial activities. Amid this environment, we think investors should bet on companies in the basic materials space that possess strong enough pricing power to combat any downturn caused by rising inflation. We believe under-the-radar basic materials stocks Tredegar Corp (TG), CRH Plc (CRH), LyondellBasell Industries (LYB), and Vedanta (VEDL) possess that characteristic and are worth adding to one’s portfolio now. Let’s take a closer look. Jun 2, 2021| 9:48am
Fintech stocks have been trending higher since the onset of the pandemic last year due to the widespread adoption of remote financial transactions and an increase in digital sales. However, all fintech players have not been able to ride the digital payment wave. While newly-listed Affirm Holdings (AFRM) is down nearly 37% since its debut in January, shares of 360 Finance (QFIN) have surged more than 130% so far this year. So, let’s find out which one is a better buy now. Jun 1, 2021| 11:21am
The COVID-19-pandemic-induced remote working culture has amplified demand for digital transactions, thereby reducing foot traffic at financial institutions. This has benefited Synchrony Financial (SYF)—the largest issuer of private label credit cards in the United States—immensely. A robust economic recovery this year is expected to increase demand for credit from SMEs across industries, especially retail. As such, SYF’s stock has surged 53.4% over the past six months. So read ahead to learn whether SYF can continue its ascent or if the stock is due for a retreat. May 28, 2021| 11:55am
The solar energy industry has been blazing hot for a while now on growing awareness about climate change, President Biden’s positive stance on the clean energy industry, and declining installation costs. However, the solar space is now under some pressure due to supply chain issues amid record demand. As such, SolarEdge Technologies (SEDG), Sunrun (RUN), Sunnova Energy (NOVA) and ReneSola (SOL) have recently experienced a sell-off and their share prices are expected to continue declining. Hence, we think it is wise to avoid these stocks for now. Read on. May 28, 2021| 10:06am
The housing market has been red hot for some time now due to unprecedented demand amid record low mortgage rates. This, along with the remote working culture, has amplified demand for digital real estate brokerage services. As a result, the shares of real-estate technology firm Redfin Corporation (RDFN) have returned more than 90% over the past year. So, read ahead to learn whether RDFN is a good addition to one’s portfolio now or if it is susceptible to a retreat. May 27, 2021| 12:23pm
Increasing purchasing power, primarily due to falling unemployment and fiscal stimulus, is creating inflationary pressures in the United States. This makes the backdrop favorable for gold because this precious metal tends to perform well in an inflationary environment, providing a hedge against economic uncertainty. Hence, we think investors seeking to capitalize on the yellow metal’s turnaround should consider betting on mining stocks Centamin (CELTF), DRDGOLD (DRD), and Jaguar Mining (JAGGF).These companies are well-positioned to deliver significant returns. Read on. May 27, 2021| 9:26am
Although the COVID-19 pandemic disrupted major industries worldwide, the crisis also introduced the world to the power of cyberspace and triggered a widespread, robust adoption of the internet. Consequently, leading internet information and services company J2 Global (JCOM) has delivered strong earnings over the past year. The company’s recently reported results did not fail to impress the Street. So, read ahead to learn whether JCOM can continue climbing or if the stock is due for a pullback. May 26, 2021| 4:05pm
Metals and mining stocks have been recovering nicely over the past few months, spurred by investors’ rising interest in precious metals in the face of rising inflation and potential federal spending on infrastructure projects. Hence, investors seeking to capitalize on the rising metal prices should consider betting on mining stocks Vedanta (VEDL), Centerra Gold (CGAU), Sierra Metals (SMTS), and Jaguar Mining (JAGGF). They are each still trading at a reasonable price. May 26, 2021| 10:17am
Moving to capitalize on the rising demand for health insurance and remote services, health insurtech company Oscar Health (OSCR) made its market debut in March and entered the hyper-competitive insurance industry by offering policies through its full-stack technology platform. But the stock has declined more than 30% from its issue price. Read ahead to learn if OSCR could advance in the near term. May 25, 2021| 3:22pm
While the economic recovery is motivating stock investors, rising inflationary pressure due to increasing consumer spending is causing them concern. However, irrespective of current market volatility, Wall Street analysts expect Salesforce.com (CRM), Qualcomm (QCOM), Chipotle Mexican Grill (CMG), and L Brands (LB) to witness solid upside in the near-term. So, let’s discuss what could drive their performances. May 25, 2021| 10:37am