The Latest Breaking News from Steve Reitmeister

3 Airliners to Watch in June

With the easing of the pandemic-related restrictions, travel demand has soared, helping airlines return to profitability. So, it could be wise to add fundamentally strong airliners, Ryanair Holdings plc (RYAAY), Gol Linhas Aéreas Inteligentes (GOL), and Copa Holdings (CPA) to one’s watchlist. Keep reading.

StockNews.com · Jun 8, 2023

3 Undervalued Tech Stocks to Watch

The tech industry is well-positioned for remarkable growth in 2023 and beyond, thanks to sustained demand for advanced digital solutions and technologies. Hence, it could be wise to buy quality tech stocks Brother Industries (BRTHY), Vishay Intertechnology (VSH), and EchoStar (SATS), which are trading at a discount and hold the…

StockNews.com · Jun 8, 2023

3 Oil Stocks to Watch This Week

Increased demand for oil and the recent production cuts are anticipated to push prices up. Given that the oil price tailwinds could bolster the energy industry in the foreseeable future, oil stocks Equinor ASA (EQNR), YPF Sociedad Anónima (YPF), and GeoPark Limited (GPRK), with notable fundamental strength, could be added…

StockNews.com · Jun 8, 2023

3 Recreation Stocks to Consider This Week

Despite a slight setback in the first quarter, demand for recreational and outdoor activities is improving. Moreover, given the solid prospects of the industry, I think fundamentally strong recreational stocks BRP (DOOO), Marine Products (MPX), and MasterCraft Boat (MCFT) might be worth buying this week. Keep reading.

StockNews.com · Jun 8, 2023

3 Auto Stocks Intriguing Investors

Although the economy is challenged by multiple headwinds, constant technological advancements and improving demand could fuel the automotive industry’s growth. So, fundamentally strong auto stocks Group 1 Automotive (GPI), Rush Enterprises (RUSHA), and Cars.com (CARS) could be worth buying. Keep reading.

StockNews.com · Jun 8, 2023

3 Insurance Stocks to Buy With Great Momentum and Growth

Insurers typically benefit from rising interest rates. The recently released strong macroeconomic data has increased the odds of another rate hike in June. Therefore, it could be wise to buy insurance stocks Fairfax Financial Holdings (FRFHF), Universal Insurance (UVE), and Heritage Insurance (HRTG), given their strong momentum and growth prospects.…

StockNews.com · Jun 8, 2023

Investor Alert: How to Trade Key 6/14 Event?

Are you impressed by the recent rally for the S&P 500 (SPY)? Steve Reitmeister points out why this may yet be another sucker’s rally before the next leg lower. This is especially true as we come into the next Fed meeting on Wednesday 6/14. Get Steve’s updated market outlook, trading…

StockNews.com · Jun 6, 2023

Buy, Sell, or Hold: AT&T (T)

Along with the robust consumer demand for efficient connectivity, technological advancements could keep the telecommunication sector buoyed in the foreseeable future. However, given AT&T’s (T) mixed financials, should investors buy, sell, or hold the stock? Read on to find out….

StockNews.com · Jun 5, 2023

Is June the Time to Buy Microsoft (MSFT)?

Tech giant Microsoft (MSFT) has been undertaking several strategic initiatives to harness the potential of AI. Does the company’s current positioning make it an ideal buy this month? Read on to find out….

StockNews.com · Jun 5, 2023

3 BUY-Rated Specialty Retailer Stocks

Despite a turbulent market, robust consumer spending is keeping the specialty retail sector resilient. Therefore, investors could look to buy fundamentally strong stocks, The ODP Corp. (ODP), Betterware de México (BWMX), and The Aaron's Company (AAN), which are buy-rated in our proprietary rating system. Keep reading….

StockNews.com · Jun 5, 2023