5 Stocks to Gain as Service Side of the Economy Bounces Back

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. The NMI, incidentally, had fallen into the contraction territory for the first time in April since December 2022. Any reading below the 50% mark indicates a contraction. The business activity index increased to 61.2% in May from 50.9% in April and expanded for the 48th successive month. The index has notc ...