Four Bullish Stocks To Buy In April (And How To Trade Them)

It's not hard to see why markets are on the upswing.

Most of what had markets worried in the first half of March is either behind us or fading away since the FOMC meeting last week; most of the Fed governors say it'll be 2022 or 2023 before they even start to think about raising rates, and the "inflation" everyone was talking about not long ago has turned out to be a non-issue.

The S&P 500 is within a day or so of hitting new all-time highs of 4,000, and the VIX is almost asleep from a trader's point of view – 19.7 and falling as of midday Monday.

And if that weren't good enough, Goldman Sachs hit the wires with an outlook that's so bright you better put on shades to read it. It was predicting 6.8% growth this year, but it's upgraded that to an 8% expansion in 2021 and 4% unemployment by the end of the year.

It's basically predicting the biggest post-downturn boom ever.

In other words, markets are looking great for the rest of March and even better for April – time to grab some great stocks and bag some profits…

person using MacBook Pro on table

Image Source: Unsplash

Here Are the Stocks on My Shopping List

Whenever the markets start revving up like this, people run out left and right to buy stocks, hoping they've got the best.

We picked two financial stocks for us, and there's no real mystery there, either – the financial sector, as measured by the Financial Select Sector SDPR Fund (NYSEArca: XLF) has run up 41% in the past six months as the economic recovery heats up. A lot of money poured into the financials recently because the market was worried about rising yields, and it's a good bet that money will stay there and keep piling up in this "fortress" sector.

Jeffries Financial Group Inc. (NYSE: JEF) is a New York–based financial services company with an $8 billion market cap. Jeffries is into some extremely popular, extremely lucrative services right now – just about every moneymaker you can think of – investment banking, commercial and residential mortgage banking, homebuilding, foreign exchange trading (Forex), and vehicle financing.

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