Felix & Friends: Top 6 Stocks to Buy Today
The market’s lackluster performance in the past few weeks leaves the S&P 500 down about 5% from its all-time high. While that’s making some investors nervous, buying 5% pullbacks tends to work out over time.
Plus, 5% pullbacks occur more often than 10% pullbacks. Investors would need to go back to October 2023 to find the last one. As long as the market’s long-term uptrend is intact, buying 5% pullbacks makes sense.
With that in mind, investors have plenty of stocks to buy on market pullbacks that should generate big returns.
That includes tech giants like Microsoft (MSFT). While not the biggest name in AI, Microsoft has built a product suite that allows it to be the top or second player in a variety of software spaces.
The rollout of AI will continue to benefit Microsoft, and it’s the kind of stock investors should buy during pullbacks. Microsoft is also a dividend growth play, making ideal as a long-term holding.
Another winner here is Alphabet, parent company of Google (GOOG).
Besides growing out its own AI models, Google continues to generate massive cash flows in the search space. Plus, Google is gaining ground in the cloud services space.
Shares are also fairly priced, and the stock has underperformed recently on short-term concerns.
To see the full list of stocks to buy now, click here.