Investing

3 Top Stocks to Buy From Wedbush Best Ideas List That Were Up in February

Lee Jackson

Published: March 4, 2016 11:05 am

Last Updated: January 13, 2020 12:22 pm

So far it has been a tough year for investors, and while the market has finally started to put on a rally cap, all the indexes remain down for 2016. With all the firms we cover on Wall Street tweaking their best ideas lists and giving some early performance reviews, we are interested in stock ideas that were up in February, which proved to be a difficult month indeed.

A new report from west coast super-regional Wedbush includes a review of the firm’s best ideas list for February. We screened the list for the stocks that turned in a positive performance during the month. The logic was that if they can do well in a bad market month, they should do very well if the overall market catches a bid.

Lululemon Athletica

This company had a very solid February, and ended up just over 1% for the month. Lululemon Athletica Inc. (NASDAQ: LULU) designs, manufactures and distributes athletic apparel and accessories for women, men and female youth. It operates through two segments, Corporate-Owned Stores and Direct to Consumer. The company offers pants, shorts, tops and jackets for healthy lifestyle activities and athletic pursuits, such as yoga, running and general fitness, as well as dance-inspired apparel for female youth. It also provides fitness-related accessories, including bags, socks, underwear, yoga mats and water bottles.

24/7 Wall St.
Merrill Lynch Has 4 Technology Stocks to Buy That Pay Big Dividends