5 Stocks to Gain as Service Side of the Economy Bounces Back
DVADaVita(DVA) ZACKS·2024-06-11 21:30

Service sector activity in the United States rebounded in May and picked up faster than expected, banking on higher business activity. The increase in new orders signified the underlying strength in the non-manufacturing side of the economy despite sustained contraction in employment. Thus, at the moment, investing in service-oriented companies like CareCloud, Inc. (CCLD) , DaVita Inc. (DVA) , RadNet, Inc. (RDNT) , SkyWest, Inc. (SKYW) and American Express Company (AXP) seems judicious. U.S. Service Sector ...