2 Super Stocks to Buy Hand Over Fist in June

Wed, Jun 7, 2023 12:05 PM

The May-to-October period each year has significantly underperformed the November-to-April since 1945. 2023 could be an outliner.

Both the S&P500 and the Nasdaq-100 indexes have been strong since 1 May. It's not too late for investors to buy into the market. 

Here are 2 stocks recommended by Motley Fool: 

Lemonade (LMND): USD18.09 (-0.6%) or in a fraction USD0.18 (0.01 units)

  • Artificial Intelligence business. 

  • Strong Q12023  earnings with company's revenue soared 115% year over year.

  • Stock price up 32% this year. 

Datadog Inc (DDOG): USD100.37 (+1.62%) or in a fraction USD1 (0.01units)

  • Cloud adaption is growing and monitoring tools are in high demand. 

  • Recent strong earnings with revenue up 33% year over year. 

  • Stock price jumped 37% in 2023 but is still down 48% from its all-time high. A suggested opportunity for investors. 

Stock price taken at closing on 5 June 2023. 

Source: The Motley Fool, 5 June 2023 

Happy Trading!