September just wrapped up, and what’s usually one of the weakest months for the market turned out to be pretty solid.
Tech kept powering the indexes higher, and even Healthcare and Utilities showed renewed strength.
Now we head into Q4 already at new highs — and with this part of the year historically packed with big gains, the stage is set for an explosive finish.
At the end of each month, we run a series of scans to review what happened — and, more importantly, what’s likely to happen next.
These are the Top Stocks for the Month of September.
This scan gives us a quick, no-nonsense read on the best and most consistent outperformers for the month.
We’re really just tracking two things: how often a stock outperformed, and by how much.
In other words, it’s about figuring out how often a stock beats the market… and by how much. It’s really that simple.
This month’s list is packed with some new leaders and actionable setups.
Let’s start with one of our favorites — a $116B aerospace and defense giant: Lockheed Martin $LMT.
Lockheed Martin has carved out a textbook reversal pattern for most of this year.
Price is now reclaiming the top of that range, which also lines up with the 38.2% retracement.
On a relative basis, the trend is turning as it breaks the downtrend line that’s been in place since last year.
As long as we’re above 490, we like LMT long with a target of 619.
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