7 Sleeper Growth Stocks to Buy Before Wall Street Wakes Up
September has historically been the worst month for stocks . With the SP 500 down 7.5% with one trading day to go, you could say September is living up to its reputation. Well, almost. The index actually did worse in April and June, falling 9% and 8.8% , respectively. For September to claim its title, the SP 500 would need to close the month below 3,582. After today’s rout, that would take a drop of about 1.6%. Certainly not out of the realm of possibility. Given this, you might be wondering why I’m writing about growth stocks to buy. I have three reasons. First, September is coming to an end and we are headed into a traditionally stronger period for stocks and the start of the Q3 earnings season. July, which marked the start of the Q2 earnings season, was by far the best month for stocks this year, with the SP 500 up 9.2%. Second, this week’s bond-buying initiative by the Bank of England showed investors that, even during periods of high inflation, central banks are ready, willing and able to come to the rescue to prevent a true financial crisis from materializing.
7 Sleeper Growth Stocks to Buy Before Wall Street Wakes Up
September has historically been the worst month for stocks . With the SP 500 down 7.5% with one trading day to go, you could say September is living up to its reputation. Well, almost. The index actually did worse in April and June, falling 9% and 8.8% , respectively. For September to claim its title, the SP 500 would need to close the month below 3,582. After today’s rout, that would take a drop of about 1.6%. Certainly not out of the realm of possibility. Given this, you might be wondering why I’m writing about growth stocks to buy. I have three reasons. First, September is coming to an end and we are headed into a traditionally stronger period for stocks and the start of the Q3 earnings season. July, which marked the start of the Q2 earnings season, was by far the best month for stocks this year, with the SP 500 up 9.2%. Second, this week’s bond-buying initiative by the Bank of England showed investors that, even during periods of high inflation, central banks are ready, willing and able to come to the rescue to prevent a true financial crisis from materializing.