5 Best Stocks to Buy in March 2021 with Short Term Vision
The economic upswing of 2021 continued as stocks continued to rise in February. The rise was fuelled by widespread anticipation of the release of more stimulus. The Federal Reserve has also been friendly during 2021 and is going to support the economy with asset purchases and low interest rates. Asset prices have seen some inflation and real estate prices have risen with Bitcoin holdings hitting an all time high of $58,000 in February. Rising interest rates did cast a shadow of doubt over the market but the S&P 500 managed to finish the month off with a small gain eventually. The vaccination program is also going on in full steam and that is also helping with pushing the markets up. March seems to be a good month to invest, especially if you are looking to book some short term gains. In this post, we will take a look at 5 stocks that will help you in case you have a short term vision for your investment. Let’s get started.
Here Are the 5 Best Stocks to Buy in March 2021 for Investors with Short Term Vision
Viatris Inc. (VTRS)
The first stock to buy in March with short term vision is Viatris Inc. It’s a healthcare company, manufactures and distributes various medicines for patients in the United States and internationally. Its portfolio comprises approximately 1,400 approved molecules across a range of therapeutic areas, including non-communicable and infectious diseases; complex generic and branded medicines; a portfolio of biosimilars; and various over-the-counter consumer products, as well as active pharmaceutical ingredients. The company is headquartered in Canonsburg, Pennsylvania.
United Natural Foods Inc. (UNFI)
United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It is great stock to invest in March, especially with short term vision. It operates in two segments, Wholesale and Retail. United Natural Foods, Inc. was founded in 1976 and is headquartered in Providence, Rhode Island.
PC Connection Inc. (CNXN)
PC Connection, Inc., together with its subsidiaries, provides a range of information technology (IT) solutions. The company operates through three segments: Business Solutions, Enterprise Solutions, and Public Sector Solutions. It offers IT products, including computer systems, software and peripheral equipment, networking communications, and other products and accessories. Its past performances have made the stock a great choice to buy in March for investors looking to book short term profits. The company also provides services, such as design, configuration, and implementation of IT solutions. The company was founded in 1982 and is headquartered in Merrimack, New Hampshire.
CarGurus Inc. (CARG)
If you are looking to invest in the short term during the month of March, CarGurus, Inc. is a great stock to buy. It operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car in the United States marketplace. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom; and the Autolist and PistonHeads online marketplaces as independent brands in the United States and the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.
Pax Global Technology Limited (PAX)
PAX Global Technology Limited, an investment holding company, engages in the development and sale of electronic funds transfer point-of-sale products worldwide. Its E-payment terminal products include smart and traditional E-payment terminals, smart electronic cash register solutions, mobile E-payment terminals, and QR code E-payment terminals, as well as other accessories. The company also develops PAXSTORE, a cloud-based platform that allows users to create and manage their own independent white-label marketplace for software application distribution; and paxRhino, a key injection service. In addition, it provides payment solutions services, and maintenance and installation services. The company was founded in 2000 and is based in Wanchai, Hong Kong. If you are looking to invest in stocks with short term vision in March, look no further.