The Latest Breaking News from Steve Reitmeister

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….

The grocery retail industry is known to remain resilient amid economic uncertainties due to inelastic demand for its products. So, it could be wise to scoop up grocery stocks, Ingles Markets (IMKTA), Walmart (WMT), and Natural Grocers (NGVC), which look poised to deliver steady returns. Read on.

The gambling industry is poised for long-term growth, supported by unprecedented growth of online gambling activities and rising accessibility. While gambling stocks DraftKings (DKNG) and Monarch Casino & Resort (MCRI) should benefit from the industry tailwinds, let us determine which is worth your money right now.

The beverage industry exhibits a bright outlook due to evolving consumer preferences amid rising health consciousness. Therefore, let us analyze whether leading beverage stocks Coca-Cola (KO), National Beverage (FIZZ), and Celsius Holdings (CELH) are Buy, Hold, or Sell now. Read more.

Tech giant Microsoft (MSFT), with an impressive trillion-dollar market cap, is well-positioned for significant long-term growth thanks to its extensive collaborations and strategic partnerships. Let’s delve into an in-depth analysis of the software bellwether’s fundamentals to ascertain whether it’s worth buying its shares now. Read on….

Production cuts are aimed at preventing oversupply in the global oil market are expected to boost oil prices potentially. Moreover, the energy services industry is thriving thanks to robust demand. Hence, fundamentally sound energy stocks Schlumberger (SLB), Oceaneering International (OII), and Archrock (AROC) might be suitable additions to one’s watchlist.

Riding the wave of technological advancement and growing consumer preference for personalized medicine and early disease detection, the medical diagnostic industry is poised for significant growth. Given this backdrop, quality medical stocks Harvard Bioscience (HBIO), Surmodics (SRDX), and Semler Scientific (SMLR) could be affordable buys this week. Read on.

With steady demand for financial services among enterprises and rising adoption of digital technology, the financial industry’s outlook appears robust. Moreover, financial services companies usually benefit from a high-interest rate environment. Financial stocks Block and Donnelley Financial Solutions (DFIN) are well-placed to benefit from the industry tailwinds. But which of…