The Latest Breaking News from Steve Reitmeister

Interest rates, resumption of student debt repayments, falling savings, and several other macro factors are expected to pressure consumer spending in the near-to-mid term. Therefore, it could be wise to add grocery stocks Tesco (TSCDY), Target (TGT), and Costco (COST) to one’s watchlist, as an inelastic demand can help these…

The semiconductor industry’s outlook appears optimistic, owing to increasing chip demand across various applications, rising adoption of cutting-edge technology, and lucrative government initiatives and funding. Therefore, chip stocks Intel (INTC), Park Aerospace (PKE), and United Microelectronics (UMC), which are gaining momentum, could be solid portfolio additions this month. Keep reading.

The beverage industry is expected to thrive primarily due to its inelastic demand. In this context, let's delve into the profiles of two key players in the industry, PepsiCo (PEP) and Keurig Dr Pepper (KDP), to determine the better investment choice. Read on to learn more.

Robust vehicle demand and the widespread adoption of EVs are expected to boost the auto industry. Therefore, it could be wise to buy fundamentally strong auto stocks Garrett Motion (GTX), Continental Aktiengesellschaft (CTTAY), and Commercial Vehicle Group (CVGI) for September gains. Read more.

Robust demand for upgraded vehicle capabilities presents a promising prospect for the auto parts industry. Thus, quality auto parts stocks O’Reilly Automotive (ORLY), Genuine Parts (GPC), and LKQ Corporation (LKQ) might be solid additions to one’s portfolio. Keep reading.

Catalyst Pharmaceuticals (CPRX) delivered a robust performance in its last reported quarter. So, is now the right entry point in the stock? Let’s look at its financial metrics to gauge its prospects.

While Airbnb (ABNB) is garnering investors’ attention as it is set to join the S&P 500, New York City’s crackdown on Airbnb is creating near-term uncertainties for the company. So, is ABNB worth buying now? Keep reading.

The recent sell off is over for the stock market...but are stocks really ready to make new highs above 4,600 for the S&P 500 (SPY)? 43 year investment veteran Steve Reitmeister shares his latest market outlook, trading plan and top picks in this fresh commentary below.

The auto industry exhibits a robust outlook due to consumers’ resilient appetite for buying cars. Therefore, auto stocks like Group 1 Automotive (GPI), Copart, Inc. (CPRT), and Cars.com (CARS), with bullish attention, could be solid buys now. Read on….

With the rising prevalence of chronic diseases, the demand for pharmaceutical products is anticipated to rise. Therefore, investors could consider buying three fundamentally robust pharma stocks, Eli Lilly and Company (LLY), Zoetis (ZTS), and Taro Pharmaceutical Industries (TARO), which are gaining traction among institutional investors this month. Learn more….

C3.ai (AI) seems to be grappling with valuation concerns and significant losses. However, with the company expected to post its fiscal 2024 first-quarter earnings this week, should you buy or sell AI? Let’s find out….