History says these picks are prone to outperform most others this month
Although the month of January is generally a good one for the
market (with the S&P 500 averaging a 0.8% gain), the first month of the
calendar year is an unusually good month for certain stocks to buy, year in and
year out.
The reason? Well. the most plausible reason is that it’s got
something to do with the foray into a new tax year, or perhaps cold weather
ultimately spurs a bullish sentiment on these names.
Regardless of the reason, it happens. With that as the
backdrop, here’s a closer look at the top five stocks to buy this month.
I’ve calculated the lifetime monthly returns for each stock
using a proprietary charting platform, and each of them is in the habit of
reliably making their way decidedly higher during January.
Source: IvestorPlace
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