A possible military attack on Syria and the August jobs report – the last major read on the economy before September's Federal Open Market Committee (FOMC) meeting – kept investors pegged to the sidelines last week – but we still delivered a handful of new stocks to buy for Money Morning readers…
Indeed, for the first time in three months, investors pulled some $226 million from U.S. equity funds, a reversal from inflows of $1 billion in the prior week.
And after a three-decade bull market run, bond holders were reminded that even these "less risky" investment vehicles aren't immune to a bear market. The 10-year Treasury note hit 3% intraday Thursday for the first time since 2011. Money is seeping from bond mutual funds and exchange-traded funds (ETFs) ($45.7 billion through the end of August), with the bulk sitting in near-zero interest-baring money market instruments.
Money Morning knows that savvy investors make money in all market scenarios. With that in mind, following is a recap of some of the best stocks to buy now that Money Morning featured last week.
Best Stocks to Buy Now
- The political unrest in Syria has caused an oil-price spike. Fears are growing that a prolonged conflict could spread to neighboring oil-rich countries, disrupt supplies, and send oil prices soaring some $10 to $20 a barrel. Money Morning Global Energy Strategist Dr. Kent Moors details how investors can play oil's "Syrian Premium."
- September is historically the worst month for stocks, and this September could be especially rocky as we approach the U.S. Federal Reserve's crucial Sept. 17-18 FOMC meeting. Money Morning Global Investing and Income Strategist Robert Hsu says he expects stocks to remain range bound heading into the central bank gathering. But, he tells readers how to make money from this tight trading range with one simple trade that lasts 10 days and gives investors the perfect blend of low risk and high probability.