4 Stocks That Tend to Do Very Well in May

 | May 11, 2023 22:29

  • May has historically been a neutral month for the S&P 500, with an average return of +0.22% from 1950 to 2021.
  • But, some stocks on Wall Street have consistently outperformed the S&P 500 during May, with an average return of over 5%.
  • Let's delve deeper to see which stocks have done so in the past few years.

    • If we take 1950 to 2021, May is the eighth-best month of the year, with an average return on the S&P 500 of +0.22%, making it neither a good nor a bad month overall.

    The worst month of May was in 1962, with the S&P 500 dropping -8.5%, and the best was in 1990, with a +9.20% rise.

    Except for 2022, in the last 20 years, its average return is -0.08%, the last 50 years +0.14%, and the last 100 years +0.05%.

    So, a normal month. Neither positive nor negative from a historical point of view.

    What if I told you that there are several stocks on Wall Street that, over the last 5 months of May, have not only beaten the S&P 500 but have actually performed very well?

    In the last 5 months of May, they have averaged over 5%. And that's while the S&P 500 was down -6.4% in May 2019 and -3.6% in May 2022.

    Of course, that doesn't mean it has to do well again this May, but hey, at least it's an argument at the very least to take a look at them, and that's what we're going to do below using the Investing Pro tool.

    1. Take-Two Interactive Software/h2

    Take-Two Interactive Software (NASDAQ:TTWO) is an American developer and distributor of video games, founded on September 30, 1993. It is headquartered in New York, United States, with an international base in Geneva, Switzerland.