Should You Still Buy the S&P 500's Best-Performing September Stocks?
Last month was a tough one for the market. All told, the S&P 500 (SNPINDEX: ^GSPC) fell nearly 5% in September. The impacts of inflation and higher interest rates are clearly still taking a toll on the economy, and investors are pricing those impacts into stocks.
Not every S&P 500 constituent, however, lost ground last month. A handful of them managed to log respectable gains.
That disparate bullishness raises an important question. Were these rare gains a signal that you should consider buying these stocks, or were they just random rallies that will soon be unwound?
Source Fool.com