September Effect: 3 AI Stocks to Buy on a Potential Market Pullback
Palantir, Marvell, and Snowflake could be good buys on a pullback.
Overview
September is generally a poor month for stocks, with the S&P 500 Index down an average of 1.1% since 1928.
It tends to get even worse during midterm election years, with Cantor Fitzgerald noting that the index has dropped by 5% during the September-October period 15 times since 1930. The market this year faces additional pressure from a war in Iran and a struggling consumer.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.