The Latest Breaking News from Steve Reitmeister

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 banking industry is slowly moving toward stability after witnessing considerable volatility since March due to the failure of three regional banks. While PacWest Bancorp (PACW) completed the sale of its real-estate loans, FS Bancorp (FSBW) acquired seven branches from Columbia State Bank. Let’s compare these two bank stocks to…

The financial services industry is poised for robust long-term growth, driven by growing demand for digital financial services worldwide. Leading financial services stocks PayPal (PYPL) and Regional Management (RM) should benefit from the industry’s bright growth prospects. However, let’s find out if you should buy, sell, or hold these stocks.…

A new bull market began on Thursday and went a notch higher on Friday. That’s because the S&P 500 (SPY) has risen more than 20% from the October lows marking the beginning of a new bull market. Unfortunately signs point to it ending as early as 6/14. Why is that?…

In April, e-commerce company ContextLogic (WISH) announced a stock repurchase program and a 1-for-30 reverse stock split. With significant implications of the developments for the stock, would it be wise to buy it now? Let’s look at its financial metrics to answer that….

With the adoption of advanced technologies and the rising prominence of Electric Vehicles (EVs), the auto industry is well-positioned for the future. However, given the persistently challenging macroeconomic conditions, it might face some near-term issues. Thus, it could be wise to invest in American Axle & Manufacturing (AXL) and Miller…

Aerospace and space travel company Virgin Galactic Holdings (SPCE) soared high recently with the triumphant Unity 25 mission to space. But turbulent financial conditions appear to lie ahead. So, should you buy or sell SPCE this month? Read more to find out….

While Norwegian Cruise Line (NCLH) enjoyed robust demand this WAVE season, the company’s return to profitability remains in muddy waters. So, let’s look at some of its financial metrics to understand if this stock is worth buying.