DELL - Buy Alert: 2 Top Dividend Stocks To Buy In June
2024-06-06 09:58:12 ET
Summary
- Selling in May and going away doesn't work.
- But if you're buying in June and want a trip to the moon...
- Then you need to be aware of this historical trend and what it means for tech.
- I give a solid game plan and highlight 2 top dividend stocks which provide great entry points in the current environment.
Written by Sam Kovacs
Introduction
In a recent article of mine, I explained that the " Sell In May and go away " narrative, while cute, wasn't actually indicative of the past 75 years of data which we have experienced.
In the Stock Trader's Almanac, the book which modernized and made the "Sell in May" strategy popular, they employ a "best 6 months" approach, which suggests selling on the first of May and moving into fixed income, and moving back into stocks on the first of November.
The reason this works is that it avoids some of the historically worst months of September, August, and June, while including the historically best months of April, November and December....
Buy Alert: 2 Top Dividend Stocks To Buy In June