24 Top Stocks to Buy Now in March 2024 (2024)

Parkev Tatevosian, CFA, The Motley Fool

·1 min read

Fool.com contributor Parkev Tatevosian highlights his top 24 stocks to buy now for long-term investors.

*Stock prices used were the afternoon prices of Feb. 26, 2024. The video was published on Feb. 28, 2024.

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*Stock Advisor returns as of February 26, 2024

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has positions in Alphabet, PayPal, Visa, and Walt Disney. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Chewy, Fiverr International, Fortinet, Home Depot, Meta Platforms, Netflix, Nike, Nvidia, PayPal, Salesforce, Six Flags Entertainment, Starbucks, Target, Uber Technologies, Visa, Walt Disney, and Zoom Video Communications. The Motley Fool recommends Alibaba Group and eBay and recommends the following options: long January 2025 $47.50 calls on Nike, short April 2024 $45 calls on eBay, and short March 2024 $67.50 calls on PayPal. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

24 Top Stocks to Buy Now in March 2024 was originally published by The Motley Fool

24 Top Stocks to Buy Now in March 2024 (2024)

FAQs

Which stocks to buy March 2024? ›

The top undervalued, non-penny stocks on the NYSE or the Nasdaq for March 2024 that trade below $50 per share include Joyy, Ebang International Holdings, STRATTEC Security, Central Plains Bancshares, EuroDry, Landsea Homes, Viatris, Alico, Universal Stainless & Alloy Products, EQT, and Consolidated Water Co.

What is the stock market trend in 2024? ›

Wall Street analysts' consensus estimates predict 3.6% earnings growth and 3.5% revenue growth for S&P 500 companies in the first quarter. Analysts project full-year S&P 500 earnings growth of 11.0% in 2024, but analysts are more optimistic about some market sectors than others.

What are top 10 stocks to buy? ›

Stocks to Buy: ICICI Bank, SBI, L&T, Titan, ITC, HCL Tech, Coal India, M&M, Zomato, and Hindalco are the top 10 large cap picks by Motilal Oswal Financial Services.

Is 2024 a good year to buy stocks? ›

Economists agree — 2024 may be a strong year for U.S. stocks. The S&P 500 rose 24% in 2023, according to MarketWatch, and recently crossed the 5,000 mark, according to Barron's. This year, we may see a “stock-pickers paradise,” according to Savita Subramanian, head of equity and quant strategy for Bank of America.

Will 2024 be a bull or bear market? ›

After a spectacular 2023, stocks are off to the races again in 2024. YTD, the Dow is up 2.72%, the S&P is up 7.28%, and the Nasdaq is up 6.41%. (And that's on top of last year's 13.7%, 24.2%, and 43.4% respectively.)

Is now a good time to invest in the stock market 2024? ›

2024 is also an election year, historically the second-best year in the four-year political cycle (behind year three). We believe the historical signal of a strong start, combined with what is likely to be peak interest rates and positive earnings guidance, bode well for equities.

Is March usually a good month for stocks? ›

March is generally a pretty good month for the stock indices, and the following stocks have done very well in March over the last 20 years or more. Each stock on the list has rallied at least 5% on average, and has moved higher during the trade period at least…

Will stocks go back up in 2024? ›

Positive returns -- but smaller than in 2023

I think that the overall stock market will deliver positive returns in 2024. However, I expect those returns to be somewhat smaller than they were last year.

Will stocks rebound in 2024? ›

The S&P 500 generated an impressive 26.29% total return in 2023, rebounding from an 18.11% setback in 2022. Heading into 2024, investors are optimistic the same macroeconomic tailwinds that fueled the stock market's 2023 rally will propel the S&P 500 to new all-time highs in 2024.

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