The Latest Breaking News from Steve Reitmeister

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….

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…

Financial companies are well-positioned to benefit, with the Fed likely to keep the interest rates elevated for longer than expected. Therefore, it could be wise to buy fundamentally strong consumer financial stocks OneMain Holdings (OMF), FirstCash Holdings (FCFS), and Regional Management (RM). Read more….

It’s been nearly 2 months that the S&P 500 (SPY) has been mired in a trading range. That is why investment veteran Steve Reitmeister shares his latest insights to explain why a bull market is still in place...and how to target the best stocks and ETFs for the days ahead.…

As the healthcare landscape becomes more well-equipped to meet the population’s medical needs, investors might benefit from buying A-rated medical stocks Addus HomeCare (ADUS), McKesson Corp (MCK), and Cardinal Health (CAH). Read on….

The worldwide demand for oil continues to surge to unprecedented levels. Amid such heightened demand, would it be wise to take a long position on three energy stocks ChampionX Corp (CHX), REX American Resources (REX), and Ranger Energy Services (RNGR)? Let’s find out….