The Latest Breaking News from Steve Reitmeister

The rally for the S&P 500 (SPY) shows the bulls are clearly in charge. However, the 6/14 Fed announcement is a major test of bullish conviction. That is why 43 year investment veteran, Steve Reitmeister, wants to share the 3 possible direction for stocks after this vital announcement comes out.…

Amid high inflation and significant research and development costs, Plug Power (PLUG) faces significant challenges. However, given its expansion plans, is the stock a buy or a sell now? Keep reading….

The pharmaceutical industry is growing amid the adoption of enhanced technologies such as AI and new drug discoveries. Given the industry’s long-term solid prospects, pharma stocks Sanofi (SNY), Takeda Pharmaceutical (TAK), and Calliditas Therapeutics (CALT) could be worth adding to your watchlist. Read on.

The U.S. banking industry remains confronted with notable challenges after the recent collapses of three regional banks. With the effects of the bank crisis expected to last longer, investors could consider investing in fundamentally stable foreign bank stocks KB Financial (KB), Woori Financial (WF), and Banco Macro (BMA) instead this…

The metal industry is well-positioned to remain afloat on the backs of increased demand for metals from emerging economies. Therefore, quality metal stocks Anglo American (NGLOY), Valmont Industries (VMI), and Gibraltar Industries (ROCK), with robust fundamentals, could be wise portfolio additions now. Read on….

Despite current market volatility, the outlook of the semiconductor industry seems promising. Given the growing need for innovation and advancements in the tech sector, the semiconductor industry demand is expected to remain robust. Therefore, investors could benefit from fundamentally strong semiconductor stocks Infineon Technologies (IFNNY), STMicroelectronics (STM), and Sumco (SUOPY),…

Even though inflation is putting pressure on consumers’ discretionary spending, the entertainment industry is poised to remain resilient on the backs of robust demand. Given such industrial tailwinds, let’s compare entertainment stocks MGM Resorts (MGM) and DraftKings (DKNG) to discover which of these stocks is a better choice now. Read…

The software industry is expected to grow due to the rising automation of business processes and more companies opting for SAAS for software solutions. Thus, fundamentally strong software stock Vimeo (VMEO) could be worth buying. However, I think it could be wise to wait for a better entry point in…

Geopolitical tensions have heightened defense spending, which is expected to create opportunities for the industry. Therefore, it could be wise for investors to buy defense stocks TransDigm (TDG), Ducommun (DCO), and Astronics (ATRO). Read more.