The Latest Breaking News from Steve Reitmeister

The software industry is poised to witness solid long-term growth with the companies’ digital transformation and the rising automation of business processes. Therefore, it could be wise to buy fundamentally strong software stocks Amdocs (DOX), ServiceNow (NOW), and VMware (VMW) that scream buy before October. Keep reading.

Surging internet penetration and adoption of technological innovation are fuelling the education industry. Hence, fundamentally strong education stocks Lincoln Educational Services (LINC), Adtalem Global Education (ATGE), and Perdoceo Education (PRDO) might be solid additions to one’s portfolio. Read more.

The global software market is poised for robust growth, bolstered by surging demand for software-centric solutions and the swift uptake of cloud computing and artificial intelligence. Given this backdrop, fundamentally strong software stocks Blackbaud, Inc. (BLKB), Pegasystems Inc. (PEGA), and SolarWinds Corporation (SWI), which are on the rise, could be…

While Nike’s (NKE) fourth-quarter revenue beat analysts’ estimates, its earnings fell short of expectations. Further, the retailer’s near-term prospects look bearish due to dampening demand amid China’s slow recovery, reduced spending on discretionary items within the U.S., and high inventory levels. Amid this, is NKE a buy or hold before…

BlackBerry Limited (BB), once a dominant force in the smartphone industry, has experienced a significant transformation throughout the years. As the firm prepares to release its second-quarter financial report, we delve into the crucial figures and parameters defining its financial stability to determine whether it’s a buy or a sell…

The financial services industry is well-positioned for robust profitability and expansion thanks to sustained demand and widespread adoption of digital technologies. Moreover, financial institutions generally benefit from higher interest rates. So, let’s determine if you should buy, hold, or sell financial stocks Mastercard (MA) and Equifax (EFX). Read on to…

Traders threw a tantrum after the Fed shared details on their rate hike plans. This has the S&P 500 (SPY) hitting the lowest level in quite a while. Gladly, things are not as dire as they seem. That is why Steve Reitmeister shares his latest insights to explain why a…

Increasing geopolitical tensions have resulted in a heightened demand for improved defense capabilities, leading to increased defense spending and the rapid development of advanced technologies. In such a scenario, air defense stocks Boeing Co. (BA) and CACI International (CACI) should benefit from industry tailwinds, but which stock is sending a…

Heightened spending and the AI ‘gold rush’ represent substantial prospects for the software sector. Therefore, it could be prudent to explore investment opportunities in the top-notch stocks - Adobe (ADBE), SS&C Technologies Holdings (SSNC), and Commvault Systems (CVLT). Read on….

Enterprise software giant Salesforce (CRM) raised prices across its software offerings for the first time in seven years to boost its revenues. The company also revealed its new AI products at its Dreamforce conference. Additionally, it surprised the Street with its optimistic guidance for fiscal 2024. Given this backdrop, would…

While ContextLogic (WISH) navigates its operational challenges and financial struggles amid macroeconomic uncertainty and competitive pressure, it could be wise to set sail towards more promising shores with internet stocks Tripadvisor (TRIP), Solo Brands (DTC), and Despegar.com (DESP). Read more….