While September remains the most seasonally treacherous month for U.S. stocks, a select group of S&P 500 companies has bucked the bearish trend, delivering consistent gains even when broader markets slip into their usual autumn slump.
Not All Stocks Fall In September
September has historically been a stormy stretch for investors, with the S&P 500 averaging a 0.98% decline over the last 20 years.
According to Adam Turnquist, chief technical strategist at LPL Financial, it’s important to differentiate between long-term climate and short-term weather when analyzing seasonal trends.
"When the S&P 500 is above its 200-day moving average going into September, the average price return for the month jumps to 1.3%, with 60% of occurrences producing positive results," he said.
This year, the S&P 500 is entering the month near record highs and above its long-term trendline—a setup that has historically turned the tables on September's gloomy narrative.
“History has shown that when the broader market is trending higher into the month, seasonal weakness has not necessarily been a factor,” he added.
10 S&P 500 Stocks That Defy September Seasonality
Not every stock succumbs to the seasonal slump. Here are 10 stocks with a track record of positive September returns over the past two decades.
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