Published on 9 Mar 2024 on Insider Monkey via Yahoo Finance

15 Best Spring Stocks To Buy Now

Investing in the stock market comes in all flavors and sizes. Typically, most investors focus on a firm's fundamentals, i.e. its income statement and balance sheet. So for instance, if a company's top and bottom line income grows significantly, then its shares also witness a corresponding increase in valuation. We don't have to look for this principle as the artificial intelligence stock NVIDIA Corporation (NASDAQ:NVDA)'s successive earnings reports have demonstrated triple digit growth on several fronts and its shares are at all time high levels.

Another investing approach is looking at the technical indicators to determine if any favorable market 'winds' are blowing to allow the investor to align their sails for smooth trading. These indicators include historic share price averages, the volume of shares traded, and metrics that determine if a stock is overbought or oversold. Another such indicator is seasonality, which checks to see if any stock market sectors deliver returns by the season.

When we talk about seasonality, then since spring has just started, it's best to see which Spring stocks are seeing interest from hedge funds. But before that, a look to see which stock market sectors perform well in spring. On this front, some research from CNBC and StockCharts can help guide us. Since the latter segregates stock indexes by their monthly performance, it makes sense to start our brief look at spring stock market performance by starting from it.