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Browse: Home / MONEY / Stocks

What stocks are known to go up during the summer times?

kyleparker360: What stocks are known to go up during the summer times?
Either what kind of stocks or specific stocks would be great. I have 500$ to invest and I am saving up for a car.

Answers and Views:

Answer by ET
Stocks of companies that make products which have higher sales in the Spring and Summer.
Camper Trailers, Boats, Water Skis, Hiking Equipment, Cameras,

Also Moving companies: United Van Lines, American Van Lines May Flower etc. Most families move between the time school get out in (May) June, and when it retarts in (August) September; depending on where you live

Answer by DIOGENES
Go with the “staples” sector in this economy(food,household goods, alcohol,etc).

That being said, the discretionary sector (autos,apparel,textiles,gaming,etc) has been doing okay.

You can’t go wrong with tech right now.

Your problem is $ 500. That won’t do much good.

See Microcaps & Penny Stocks

Answer by Caveat Emptor
Investing your $ 500 savings toward a car in stocks is foolish. That money should go in the bank.

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