U.S. Markets close in 3 hrs 37 mins

3 Top Stocks to Buy Heading into December with Market at New Highs

Benjamin Rains

 

Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains dives into some of the latest U.S.-China trade war news that helped U.S. stocks jump Monday. We then break down three stocks that investors might want to consider buying heading into December with the stock market at new highs.

All three major U.S. stock indexes jumped Monday and now sit at or just below their new highs. The climb came on the back of positive U.S.-China trade war news out of Beijing, regarding intellectual property. The gains were driven by tech stocks such as Nvidia NVDA, Cisco CSCO, and Intel INTC.

Intel also happens to be the first of the three companies we discuss. INTC is currently a Zacks Rank #2 (Buy) that looks poised to remain solid amid a broader semiconductor industry comeback.

We then take a look at why Zendesk, Inc. ZEN is a Zacks Ranks #1 (Strong Buy). The software-as-a-service firm is focused on customer service and engagement, and its growth outlook is impressive as businesses continue to digitalize.

The episode then dives into why investors might want to take a look at Microsoft MSFT stock. The firm is a cloud computing powerhouse that competes directly against Amazon AMZN and its recent run helped it become the world’s most valuable public company alongside Apple AAPL.

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through Q3 2019, while the S&P 500 gained +39.6%, five of our strategies returned +51.8%, +57.5%, +96.9%, +119.0%, and even +158.9%.

This outperformance has not just been a recent phenomenon. From 2000 – Q3 2019, while the S&P averaged +5.6% per year, our top strategies averaged up to +54.1% per year.

See their latest picks free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report
 
Amazon.com, Inc. (AMZN) : Free Stock Analysis Report
 
Zendesk, Inc. (ZEN) : Free Stock Analysis Report
 
Apple Inc. (AAPL) : Free Stock Analysis Report
 
Microsoft Corporation (MSFT) : Free Stock Analysis Report
 
Intel Corporation (INTC) : Free Stock Analysis Report
 
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research