5 Stocks to Buy in January

The stock market was scorching hot in 2019. The S&P 500 gained about 30%, marking its best year since 1997. Several factors helped power the market to new highs, including rate cuts by the Federal Reserve and an easing of trade tensions between the U.S. and China.

This next year, however, likely won't be quite so kind to investors. The U.S. is gearing up for an impeachment trial of President Trump in the spring and a likely contentious election this fall. With those prospects looming, stocks could be much more volatile in 2020.

Despite this backdrop, we still see some excellent opportunities for investors in the coming year. We asked a team of Motley Fool contributors for their top stocks to buy this January. They chose Pinterest (NYSE: PINS), Vertex Pharmaceuticals (NASDAQ: VRTX), CalAmp (NASDAQ: CAMP), Peloton Interactive (NASDAQ: PTON), and Energy Transfer (NYSE: ET).