Investors are gearing up for a historically weak month on Wall Street. September is known as a lackluster period for traders, with back to school in full swing. Options contracts also expire on the month's third Friday, a typically volatile trading period known as "triple witching." But some stocks on Wall Street have found a way to stave off the broader weak sentiment in the past.
Pro used FactSet data to screen for names that meet the following criteria: The stock is a member of the S & P 500 . Shares have averaged at least a 1% gain in September over the past 10 years. At least 55% of analysts maintain a buy rating. Average analyst price targets imply 20% or more upside. Delta Air Lines ' stock has notched a 1.6% gain in September historically, according to the data.
mountain Enphase stock has slumped more than 51% so far in 2023. Caesars Entertainment is the top September performer over the past ten years with a nearly 4% gain over the course of the month. Nearly 63% of analysts rate hold a buy rating on Caesars' stock, and their average price targets from FactSet calls for about 33% upside.
's screen include biotech name Biogen , lithium provider Albemarle , Live Nation and financial services giant Charles Schwab . - 's Fred Imbert contributed reporting.