8 Great Stocks to Buy Now to Trump the Summer Slump

June-August is normally a time for hiding in cash, but this handful of stocks tends to beat the summer slowdown

Don’t spy for stocks to buy — sell in May and go away! This mantra has been chanted by investors and media alike for weeks — especially this week, as the S&P 500, Dow Jones Industrial Average and other major indices have suffered from selling pressure.

But is it really that easy? Can you beat the market simply by putting your investments into cash for the summer?

Believe it or not, the answer is yes. For the past 25 years, the S&P 500 has struggled through the summer months. The average monthly return for the months of June through September is -0.2% — far less than the average for any month of the year, which is historically about +1% per month.

However, while the market is difficult to navigate over the summer, it doesn’t mean you should give up on finding any stocks to buy for upside. There are always opportunities out there — you just have to know where to look.

We scanned our database models to find stocks that usually bulk up during the summer months, and we found 10 from the S&P 500 that have moved higher in each of the past five years. In fact, the average return from this group from the period of May through the end of August is 10% — not bad for the summer doldrums...

Source: InvestorPlace