3 Top Stocks That Will Make You Richer in March (and Beyond)
Last month, investors received a not-so-subtle reminder that the stock market can (and does) move in both directions. In a span of two days, the iconic Dow Jones Industrial Average, tech-heavy Nasdaq Composite, and broad-based S&P 500 lost in the neighborhood of 6% to 7% of their respective value. This swoon also erased all year-to-date gains in the S&P 500, which is certainly a wake-up call after the benchmark index gained better than 31% in 2019, inclusive of dividends paid.
While factors such as the spread of COVID-19, the lung-focused novel coronavirus that's infected more than 80,000 people worldwide, and plunging bond yields clearly have investors on edge, there also the solace in knowing that the stock market tends to rise over the long-term. In fact, all 37 official stock market corrections since the beginning of 1950 in the S&P 500 have been put firmly in the rearview mirror by bull-market rallies. This means that investors who choose to buy and hold high-quality businesses have a very good chance of making money over the long run.
What great companies should you be considering for your portfolio this March? Below you'll find three top stocks that could easily slide in as core holdings today, and likely for many years to come.
Source Fool.com
