3 Powerhouse Stocks to Buy in March That Are Ready for Bull Runs
The U.S. stock market enjoyed a strong rally in January. However, those gains may soon fade away against the backdrop of last month's higher-than-expected inflation numbers and stronger-than-expected jobs report. Persistent inflation may result in the Federal Reserve increasing interest rates further than previously expected -- which creates less favorable conditions for stocks.
Although no one can predict with any certainty when stock market corrections will start or end, history shows that in the U.S., they are usually followed by strong bull rallies. Hence, in down markets, it can be smart to load up on shares of high-quality businesses that look poised for long-term growth, even if they face some near-term headwinds.
Here's why The Trade Desk (NASDAQ: TTD), Shopify (NYSE: SHOP), and Cadence Design Systems (NASDAQ: CDNS) could prove to be attractive picks in March.
Source Fool.com