The Latest Breaking News from Steve Reitmeister

New signups and price increases of its services boosted Shopify’s (SHOP) earnings and revenue in the second quarter. However, its prospects look bleak due to the uncertain macroeconomic conditions and increased competition. Internet stocks VeriSign (VRSN), Perion Network (PERI), and Liquidity Services (LQDT) are performing better than SHOP. Let’s discuss…

The industrial sector remained steady despite macroeconomic headwinds due to consistent demand. While ChargePoint Holdings (CHPT) is a prominent name in the industry, I believe Ultralife (ULBI), Alpha Pro Tech (APT), and LSI Industries (LYTS) are better investments right now. Read on.

The tech industry looks poised for steady growth owing to the increasing digitization across industries. Hence, let’s analyze the fundamentals of quality tech stocks NetApp (NTAP), AstroNova (ALOT), and TransAct Technologies (TACT).

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…