Money Morning's best stocks to buy last week focused on key earnings reports, the Federal Open Market Committee meeting, and the continued climb of market indexes.
Markets closed out October - a month haunted by the specters of the 1929 and 1987 crashes - with the Dow Jones Industrial Average up 3.6% and the S&P 500 higher by 5.4%. Year to date, the indexes are up 19.7% and 24.2% respectively.
The S&P has enjoyed some 34 record closes thus far in 2013, the most since 1999. Tech stocks are also enjoying 1999-like growth, as investors bid up shares of sector leaders like Google Inc. (Nasdaq: GOOG), LinkedIn Inc. (NYSE: LNKD), Apple Inc. (Nasdaq: AAPL), and Yelp Inc. (Nasdaq: YELP).
But we all remember the bubble that burst in 1999. That means you can't dive in to the bull market without knowing which stocks are most at risk, and which ones are winners.
To help our readers prepare for any coming volatility, Money Morning has gathered the best stocks to buy now and investment strategies that we shared last week. Here's our recap:
One of the stocks is a darling of the tech industry - and the dark horse of social media - LinkedIn (NYSE: LNKD). Money Morning's Defense & Tech Specialist Michael A. Robinson is bullish on the professional networking site, too. He makes a very compelling case for why LNKD will continue to climb higher.
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