Five Stock Sectors For March
Jay Kaeppel | Mar 02, 2018 12:29AM ET
Well thank goodness that’s over with – February that is. Now on to March and hoping for something better. This piece will take a look at some sectors that have a history of performing reasonably well in the month of March.
Five for March
The “chosen 5” are:
*FDLSX Fidelity Select Leisure
*FSCHX Fidelity Select Chemicals
*FSNGX Fidelity Select Natural Gas
*FSRFX Fidelity Select Transportation
*FSRPX Fidelity Select Retailing
Our test starts in 1986 as follows:
1986: FDLSX, FSCHX, FSRPX
1987 to 1993: FDLSX, FSCHX, FSRFX, FSRPX
1994 to 2017: All 5
i.e., FSRFX started trading in 1987 and FSNGX started trading in 1994
Figure 1 displays the growth of $1,000 split evenly between these 5 funds and invested ONLY during the month of March every year since 1986.
Figure 1 – Growth of $1000 invested in funds listed above ONLY during the month of March; 1986-2017
Figure 2 displays the year-by-year results
Figure 3 displays some of the relevant facts and figures regarding performance of this 5-fund portfolio during the month March.
Summary
As a result, and as always, I am not offering a “recommendation” here. I am simply highlighting historical facts and figures.
So what does all of this tell us about how things will go in March 2018? Ah, there’s the rub. Unfortunately, past performance – and stop me if you’ve heard this one before – is no guarantee of future results.
Still, investing is a game of odds. Figure 4 displays the monthly % returns during March for this 5-fund portfolio from highest (+11.7%) to lowest (-3.8%). Clearly the odds have skewed towards positive returns.
Get The News You Want
Figure 4 – March % +(-) for 5-fund portfolio ranked from highest to lowest
Here’s hoping that history is a guide.
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