The Latest Breaking News from Steve Reitmeister

Growing use of smart technologies and the rise in demand for GPUs in enterprises have boosted the tech hardware industry. Therefore, it could be wise for investors to buy tech hardware stocks Dell Technologies (DELL), HP (HPQ), and Quantum (QMCO) this month. Read more.

Despite a slight setback in the first quarter, demand for recreational and outdoor activities is improving. Moreover, given the solid prospects of the industry, I think fundamentally strong recreational stocks BRP (DOOO), Marine Products (MPX), and MasterCraft Boat (MCFT) might be worth buying this week. Keep reading.

Although the economy is challenged by multiple headwinds, constant technological advancements and improving demand could fuel the automotive industry’s growth. So, fundamentally strong auto stocks Group 1 Automotive (GPI), Rush Enterprises (RUSHA), and Cars.com (CARS) could be worth buying. Keep reading.

Insurers typically benefit from rising interest rates. The recently released strong macroeconomic data has increased the odds of another rate hike in June. Therefore, it could be wise to buy insurance stocks Fairfax Financial Holdings (FRFHF), Universal Insurance (UVE), and Heritage Insurance (HRTG), given their strong momentum and growth prospects.…

Are you impressed by the recent rally for the S&P 500 (SPY)? Steve Reitmeister points out why this may yet be another sucker’s rally before the next leg lower. This is especially true as we come into the next Fed meeting on Wednesday 6/14. Get Steve’s updated market outlook, trading…

Along with the robust consumer demand for efficient connectivity, technological advancements could keep the telecommunication sector buoyed in the foreseeable future. However, given AT&T’s (T) mixed financials, should investors buy, sell, or hold the stock? Read on to find out….

Tech giant Microsoft (MSFT) has been undertaking several strategic initiatives to harness the potential of AI. Does the company’s current positioning make it an ideal buy this month? Read on to find out….

Despite a turbulent market, robust consumer spending is keeping the specialty retail sector resilient. Therefore, investors could look to buy fundamentally strong stocks, The ODP Corp. (ODP), Betterware de México (BWMX), and The Aaron's Company (AAN), which are buy-rated in our proprietary rating system. Keep reading….

The burgeoning prospects of the global cryptocurrency sector is being clouded by heightened regulatory actions. Hence, would it be wise to buy crypto tech provider Coinbase Global (COIN) now? Let’s look at its key financial metrics to get an idea….

Amid chances of a recession later this year, it could be worthwhile to explore fundamentally strong grocery stocks Albertsons Companies (ACI), Village Super Market (VLGEA), and Natural Grocers by Vitamin Cottage (NGVC), given the resilience of the grocery sector to economic cycles. Keep reading….

With rapid digitalization transforming how we communicate and work, the internet industry is poised for remarkable growth in the foreseeable future. Amid the industry’s bright growth prospects, fundamentally sound internet stocks Shutterstock (SSTK), Perion Network (PERI), and Liberty TripAdvisor (LTRPA) could be ideal additions to your portfolio. Keep reading….