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2 Stocks I'm Buying in April


Statistically, April is the best month for stocks, averaging a 1.5% gain from 1980 to 2018. However, I'm less interested in how a stock performs over a month or a single year. Businesses don't decide to maximize sales or profits for an individual month to watch their long-term prospects crumble.

But even taking a long-term view, there are still good deals to be had right now, and two stocks I'm planning on buying in April are Cloudflare (NYSE: NET) and MercadoLibre (NASDAQ: MELI). Their share prices are down more than 40% from their all-time highs despite having attractive business prospects.

Image source: Getty Images.

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Source Fool.com

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