The S&P 500 Could Soar This Summer: My Picks for the 2 Best Growth Stocks to Buy in June
The S 500 (SNPINDEX: ^GSPC) is up 10.6% year to date, but history says the benchmark index could move even higher in the months ahead. During the last decade, the S 500 returned an average of 1% in June, 3.1% in July, and 0.3% in August, which comes to a total gain of 4.4% through the summer.
Of course, past performance does not guarantee future returns, so similar results this summer are not a sure thing. But the stock market will undoubtedly move much higher eventually. The S 500 gained 10.1% annually during the last two decades, a broad enough period that similar results are likely in the long run.
In that context, investors should feel confident about putting money into the market on a consistent basis. Here's why (NASDAQ: DDOG) and Roku (NASDAQ: ROKU) are my picks for the best growth stocks to buy in June.
Source Fool.com
