Trend Remains Up
March 1 marked the first time in seven months that the first day of the month closed lower. And not just a little bit lower. The Dow tumbled almost 170 points, while the S&P 500 gave up 21, and the Nasdaq fell 45 points. It’s beginning to feel like last fall when investors were glued to the news since every nuance seemed to have an impact on stock prices.
But even with all of the unsettling news from the Middle East and oil selling at over $100 per barrel, the major indices did not make a clean break to the downside. So, we begin March with the near-term sideways, intermediate-term trend up, and the long-term trend up.
For this month’s stock picks, I’ve selected six that should do well in a renewed round of buying. Here are your top stocks to buy for March: