2 Best Growth Stocks to Buy in October
As autumn leaves begin to fall, some investors might be tempted to sell stocks, spooked by the so-called "October effect." This phenomenon, rooted in historical market crashes like Black Monday in 1987, has led to a widespread belief that October spells doom for stock portfolios. However, savvy investors know that reality often contradicts this myth, especially when it comes to growth stocks.
In fact, October has historically been a strong month for stocks, with the benchmark S&P 500 gaining an average of 1.4% over the past twenty years. While it's true that October can bring increased volatility, it also presents an intriguing opportunity to snap up quality growth stocks at potentially attractive prices.
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Source Fool.com
