Steve Reitmeister
Steve Reitmeister
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Steve Reitmeister
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ABOUT
I am the Executive VP of Zacks Investment Research in charge of Zacks.com and all its services for individual investors. I have a top down investment approach with a focus on value and upward earnings estimate revisions. And there is nothing I enjoy more than sharing insights with fellow investors.
SNAPSHOT
- Description: Company executive. Trading frequency: Weekly
- Interests: ETFs, Stocks - long, Stocks - short
COMPANY
Zacks.com Zacks.com is the site for individual investors created by Zacks Investment Research; one of the most highly regarded firms in the investment industry. The guiding principle behind our work is that there must be a good reason for brokerage firms to spend billions of dollars a year on stock research. Obviously, ...More
these investment experts know something special that may be indicative of the future direction of stock prices.
From day one, we were determined to unlock that secret knowledge and make it available to our clients to help them improve their investment results. In 1978 our founder, Len Zacks, made a breakthrough. Armed with his PhD from MIT, Len discovered that: Earnings estimate revisions are the most powerful force impacting stock prices From there he developed a quantitative model to harness the power of earnings estimate revisions - the direction, the degree of change, and surprises - along with other important variables to create the Zacks Rank. This unique and innovative rating system predicted the potential for future stock price increases. In fact, it proved itself as a system that clearly stated when to buy, sell, and hold stocks. And it was very unusual in that it provided an equal number of buys and sells. Unheard of in the days when all Wall Street could say was "Buy". Zacks Rank is completely mathematical. It's cold. It's objective. And most importanlty, it works as proven by the +27% average annual return since 1988.
Note that the Zacks Rank does not care what the hype on the street says. Or how many times the CEO appeared on TV. Or how this company could some day, maybe, if everything works perfectly, and the stars are aligned become the next Microsoft. The Zack Rank only cares about the math and whether the math predicts that the price will rise. Needless to say, leading firms in the investment industry wanted to use this rating tool as part of their decision making process. And Zacks Investment Research became one of Wall Street's most respected firms.
Today, Wall Street continues to use Zacks research including the Zacks Rank and Zacks Equity Research, which combines the best of quantitative and qualitative analysis. This same professional strength research is now available to individual investors on our web site, Zacks.com, and through our other services. See the proven power of Zacks research for yourself free and get four free stock picks every day. Learn more at www.Zacks.com.
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AAPL is everyone's favorite stock. But that may be the problem. If everyone already loves it, then who will buy next to drive up the price?
Aug 21, 2010
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