- Few sporting events get fans as hyped up as the NCAA Division I Men’s Basketball Championship tournament. It truly deserves the name Mach Madness.
The Sweet 16 is set, and for the first time all the 1-, 2- and 3-seeds are made it in. No underdogs in this competition.
However, when it comes to this tournament, it’s wise to expect the unexpected. And that applies to basketball, as well as investing.
In the spirit of the March Madness hoopla, we’ve organized our own top 10 stocks to trade. Read on.
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10 NCAA Tournament Stocks to Trade
Even with the recent market rally, no one can argue that it’s been a tough season for stocks. But there are several stocks that are playing well, and many of them are not broadly recognized.
We looked at the 50 of the best-performing companies during the past month and have selected the following 10 stocks for our March Madness portfolio.
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Trade #1 Buffalo Wild Wings (BWLD)
Up 32% year-to-date. Fans want to eat those boldly flavored, New York-style chicken wings with the company’s 14 signature sauces.
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Trade #2 Cabela’s Inc. (CAB)
Up 41% year-to-date. When the games end, time to go hunting, fishing and/or camping. As the say, the best things in life are free. Enjoyment of the great outdoors is one of those best things.
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Trade #3 Big Lots (BIG)
Up 39% year-to-date. Closeout prices are attractive to price-sensitive shoppers. Big Lots has what we need at the right prices.
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Trade #4 Baidu.com Inc. (BIDU)
Up 27% year-to-date. Don’t think we are the only ones watching the games. The Chinese love basketball and will stay tuned on the Internet.
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Trade #5 American Italian Pasta Co. (AIPC)
Up 36% year-to-date. Carbo-loading at a great price.
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Trade #6 Foot Locker (FL)
Up 35% year-to-date. With the right shoes, we can all be stars.
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Trade #7 Regal Entertainment Group (RGC)
Up 18% year-to-date. Hollywood posted its best year-over-year performance ever. Whether it is the Great Depression or Great Recession, nothing beats some escapism at the movies.
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Trade #8 Macrovision Solutions Corp. (MVSN)
Up 25% year-to-date. If you can’t go to the movies at the theater, stay at home and see the same movies for less money. Macrovision makes this possible through digital property rights protection.
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Trade #9 CarMax (KMX)
Up 40% year-to-date. Why buy new when you can buy used? Works great and is less expensive. Frugality is cooler than an Escalade.
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Trade #10 Starent Networks Corp. (STAR)
Up 43% year-to-date. Always looking for a STAR. This company enables multimedia on wireless devices to better keep you abreast of game updates.
More Trades You Will Want to Check Out:
