The Latest Breaking News from Steve Reitmeister

Is Visa (V) a Quality Buy?

Despite macroeconomic uncertainty, Visa (V) reported strong growth in revenue and earnings during the second quarter. Let’s take a look at its fundamentals to determine whether the stock is a quality buy now. Keep reading….

StockNews.com · Jun 29, 2023

Should You Buy These 3 Consumer Stocks?

Despite the macroeconomic uncertainty, consumer companies dealing with essentials are expected to stay buoyed. Therefore, let’s evaluate consumer stocks Kimberly-Clark Corp. (KMB), Acme United Corp. (ACU), and Mannatech, Inc. (MTEX) to understand if they are worth investing in now. Keep reading….

StockNews.com · Jun 29, 2023

3 Internet Stocks to Buy Under $20

Thanks to rapid digitization and technological advancements, the internet industry has been witnessing rapid growth, and the momentum is expected to keep rising. Therefore, investors could consider buying fundamentally strong internet stocks Tripadvisor (TRIP), Opera Limited (OPRA), and Despegar.com (DESP), which trade below $20. Keep reading….

StockNews.com · Jun 29, 2023

3 Internet Stocks to Buy Before June Ends

Growing digitalization across several sectors worldwide and the advent of advanced technologies have primed the internet industry for significant growth in the foreseeable future. Given the industry tailwinds, it could be wise to invest in robust internet stocks Booking Holdings (BKNG), Expedia Group (EXPE), and CarGurus (CARG) before the month-end.…

StockNews.com · Jun 29, 2023

How Much Momentum Does Berkshire Hathaway Inc. (BRK.B) Have Left?

Buffett’s holding company Berkshire Hathaway’s (BRK.B) stock has gained more than 10% over the past three months. The surge is due to the company’s solid first-quarter earnings, driven by a rebound in its insurance business. So, let’s determine how much momentum is left in this stock. Read on to know…

StockNews.com · Jun 29, 2023

3 Grocery Stocks to Buy Into

Despite the economic uncertainty, the grocery stores industry is anticipated to remain resilient due to the inelastic demand for their products. Given the industry’s defensive nature, quality grocery stocks Tesco PLC (TSCDY), Albertsons Companies (ACI), and Weis Markets (WMK) could be solid buys now. Read on….

StockNews.com · Jun 29, 2023

Buy, Sell or Hold: AMC Networks (AMCX) and Walt Disney (DIS)

The entertainment industry has been impacted by macroeconomic challenges, including persistent inflation posing risks for discretionary consumer spending and fierce competition in the video-on-demand streaming segment. Amid this, let’s find out if you should buy, sell, or hold AMC Networks (AMCX) and Walt Disney (DIS). Keep reading….

StockNews.com · Jun 29, 2023

Clover Health Investments (CLOV): Buy, Hold or Sell End of June?

Clover Health (CLOV) has been subject to several lawsuits and federal investigations. Also, the company’s bottom line is in the red. However, CLOV is ramping up its efforts to accelerate its path to profitability. So, should you Buy, Hold or Sell the stock now? Read on to learn my views.

StockNews.com · Jun 26, 2023

Buy, Sell or Hold: Sony Group (SONY) and Walt Disney (DIS)?

The entertainment industry has been under strain due to macroeconomic issues. Also, the sector is suffering as a result of the streaming conflict, which is limiting growth. Therefore, it could be wise to wait for a better entry point in Sony Group (SONY). However, considering its weak fundamentals, it could…

StockNews.com · Jun 26, 2023

1 Entertainment Stock to Buy, 2 to Watch This Week

The entertainment industry is poised for significant expansion, propelled by its recovery from the pandemic and a strong labor market. However, the Fed has indicated further rate hikes could be in the offing, which could affect the discretionary spending on entertainment. Considering these factors, buying fundamentally strong entertainment stock Endeavor…

StockNews.com · Jun 26, 2023