Best Stocks to Buy Now Weekly Roundup: The Ripest Picks This Bull Has to Offer

Email
    Text size

Best stocks to buy for the week ending March 21, 2014: Stock futures ended last week on a  bullish note despite ongoing tensions in Ukraine, where Russia continues to trade sanctions with the West.

The Dow Jones Industrial Average gained 1.48% last week to finish at 16,300.45. The S&P 500 hit an intraday all-time high on Friday and gained 1.37% to close at 1,866.60. The Nasdaq ended the week at 4,276.79, up 0.74%.

Money Morning keeps readers current on the best stocks to buy now, and last week was ripe with picks across industries. Here's what we covered.

  • On Friday, Money Morning Executive Editor William Patalon III told readers that recent insider buying for a particular stock sent the biggest "buy" signal he's seen. The transaction took place last Monday, March 17, when the stock was at $7.17 a share; on Thursday, shares had zoomed more than 9% to close at $7.74. Here's why Patalon is so bullish on this national security and defense firm.
  • The American Association of Individual Investors found that bearish sentiment - 18% at Christmas - doubled to 36% of investors by the first week of February; as of last week, one-quarter of all investors were in the bear camp. That's why on Wednesday Robinson offered readers this strategy - the best play for a scary market...
  • Money Morning Global Energy Strategist Dr. Kent Moors traveled to Mexico last week to give a presentation at a Bloomberg advisory session on Mexican energy markets. The country ranks sixth in the world for technically recoverable shale gas and seventh in tight/shale oil. And after 76 years of laws that confined its resources within the country, Mexico is undergoing substantial energy reform that's cracking open this formerly "forbidden" market... and offering "significant upside to investors."
  • A 25-year Pennsylvania State University study showed that stocks of spin-off companies outperformed industry peers and the S&P 500 by about 10% per year. And a J.P. Morgan study revealed that spin-offs beat the stock market by more than 20% on average, during the first 18 months after the transaction. Last week, a trio of big U.S. companies announced spin-offs, making them some of the hottest stocks to watch in 2014. But we didn't stop there - we brought you a list of 22 more notable spin-offs expected this year.
  • Last week's Federal Open Market Committee meeting stirred concerns about interest rate hikes, which leads investors to evaluate their dividend stock holdings. The key is to focus on companies that continuously raise their payouts over time - such companies have historically outperformed those that don't pay dividends in the wake of Fed rate hikes. To that end, we shared 25 companies that just boosted their dividend payouts.

NOW: Investors can profit from the end of this secret "fix" - here's what's really going on, and what you need to know...