It's oh-so-tempting to get caught up in the frenzy of a hot stock like Tesla or Netflix. But as often as not, these sexy stocks aren't all they're cracked up to be, and represent way more risk than reward. Your money is better off in a less flashy stock with much stronger fundamentals.
- Stocks to Buy Now: When Boring Is Better
- Best Stocks to Buy Now: A Money Morning Weekly Recap
- Best Stocks to Buy Now: A Weekly Review - October 15, 2013
Last week's best stocks to buy started out D.C. driven. But when the drama on Capitol Hill subsided - for now, at least - focus turned to third-quarter earnings.
Google Inc.'s (Nasdaq: GOOG) better-than-expected quarterly results and upbeat outlook helped markets move sharply higher.
The S&P 500 Index and the Nasdaq logged their best weekly gains in three months, up 2.42% and 3.23% respectively. It was the Nasdaq's best close since September 2000.
The U.S. Federal Reserve was also in the spotlight, and Twitter took center stage once again as we learned of the micro-blogging site's target IPO date.