Stock Market Sell-Off: 1 Growth Stock to Buy Hand Over Fist, and 1 to Sell
Each year, investors tend to brace themselves for tricky stock market conditions around this time. Volume tends to be light as many Wall Street bankers and fund managers are away on vacation, which means there is less buying support for dips in the market.
In fact, according to data going all the way back to 1945, September is the worst-performing month of the year for the benchmark S&P 500 index. August is another bad month, historically speaking, and it lived up to that mantle this year, with the index sinking by 1.7%.
But this seasonal weakness won't last, so now might be a great time for investors to go bargain-hunting. Not all discounted stocks are created equal, though; some companies might look attractively valued but suffer from structural issues that could prevent a recovery when the broader market rebounds. With that in mind, here's one stock to buy now and one to sell.
Source Fool.com
