The 6 Best Summer Stocks To Buy Now

School is out, the pool is open, and the best summer stocks to buy now are getting ready to soar. Certain stocks tend to follow seasonal trends. But today, we have the added catalyst of pandemic recovery. Many are getting vaccinated, and people are finally getting out again.

For some that means going out to eat or attending concerts; for others that means hopping on flights and traveling. For everyone, it’s a release of pent–up energy we’ve bottled up for the last year. The industry calls this “pent-up demand.”

This summer, good news for our social lives means even better news for our investments. Cash will pour into the companies at the center of the summer recovery. In fact, there are so many directions you can invest your money towards right now that it might be hard to distinguish what’s real opportunity and what’s just hype. 

Thankfully, we have done the hard work for you by curating a list of our favorite summer stocks that you’ll want to be a part of before it’s too late. 

Southwest Airlines Stock Is Ready to Fly

The travel bug is spreading after a year of hopeful passengers canceling flights and daydreaming about places they could be while locked inside.  Southwest Airlines Co. (LUV) is a huge beneficiary of the fact that domestic travel is opening up. But international flights are still extremely limited. The airline offers flights to 103 destinations in the United States alone and dominates the domestic flight market, accounting for 20% of all passengers flown. 

The airline is in the process of adding even more flights now that domestic travel has increased significantly in the last few months. The U.S. Transportation Security Administration reported that 1.9 million Americans traveled through U.S. airports on June 6, a huge jump from the 992,000 traveling on March 6. 

Company officials expect the newly added flights this month to be slightly less than June 2019 pre-pandemic levels. But it already has plans to expand and update its fleet after signing a deal to purchase 100 new Boeing 737 Max planes. We have LUV as a buy at $60 with a price target of $75 by the end of the year. 

Buckle Is a Top Summer Stock to Buy Now

This 70–year–old fashion retailer offers a unique mix of high-quality, trendy apparel, accessories, and footwear. It operates 442 retail stores in 42 states and a competitive online selection. 

Historically a men’s fashion retailer, Buckle Inc. (BKE) has expanded its selection to include products for women and children. Although its target consumer’s age ranges between 15 and 30, it has introduced a wider range of designs and styles to attract older customers. It carries products from popular brands as well as its own BKN brand, known for its denim. 

Right now, the entire retail industry is booming. And while a rising tide lifts all boats, Buckle is doing just fine on its own after it more than doubled its net sales from last year, up to $299.1 million from $115.4 million. This growth has carried over into this year after the company reported a 75% net sales growth in May alone. This could be due in part to stores reopening, however, Buckle is growing on both ends as online sales have surged 67.3%.

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Disclaimer: Any performance results described herein are not based on actual trading of securities but are instead based on a hypothetical trading account which entered and exited the suggested ...

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