Posted 12/5/2023, 8:41:00 AM
December Outlook: 5 Stocks Primed for Seasonal Gains
- December historically has been a positive month for stock market returns, ranking 3rd best on average since 1950
- We look at 5 stocks that consistently outperform the broader market in December over the past 5 years
- Skyworks Solutions shares rise +8.3% on average in December, with models showing +23% upside potential
- Eli Lilly shares increase +7.2% typically in December; up +59.66% over last year
- Baker Hughes shares average +7.2% gains in December; company raised revenue outlook on energy demand
- Las Vegas Sands shares up +5% on average in December; earnings expected to rise 50%
- Teleflex shares rise +4.2% on average in December; earnings and revenue forecasts improved