ZNGA - Got $300? 3 No-Brainer Stocks to Buy in October
Since 1928, October has been one of the ugliest months for stock market returns. Although the S&P 500 index has been up 0.4% on average, when the return is negative it is tied as the worst month to be invested, falling an average of 4.7%.
This year could be different as COVID-19 cases, hospitalizations, and deaths are on the decline in October. That could open the door to robust spending in the months ahead. We asked three contributors to Fool.com for the best stocks to take advantage of renewed spending on leisure and gaming. They recommended Monarch Casino & Resort (NASDAQ: MCRI) , MGM Resorts International (NYSE: MGM) , and Zynga (NASDAQ: ZNGA) . Here's why.
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Got $300? 3 No-Brainer Stocks to Buy in October