3 Stocks to Buy and Hold Even If There's a Stock Market Sell-Off in September
September has often been the worst month of the year for stocks.
Overview
The month of September has been known to be a difficult one for investors. That's because, over time, it's been the worst month of the year for stocks -- a phenomenon known as the September Effect. Of course, this doesn't mean every September produces declines. Last year and the year before, the month of September delivered gains of 3.5% and 2%, respectively.
Still, investors have become more cautious in recent weeks amid the S&P 500's more than three-year climb and as valuations reached a new high. They've worried that higher inflation could weigh on the consumer's wallet and that this, along with tech companies' spending on artificial intelligence (AI) may hurt corporate profits. This backdrop could put pressure on the S&P 500 in the coming weeks.
Details
With this in mind, let's check out three stocks to buy and hold even if there's a stock market sell-off in September.
Source
Originally published at www.fool.com.