The market is off to the races this month. After testing the lows on the first
trading day in October, stocks have been in bull mode. This week, though, the
market has leveled off a bit and investors should use this brief pause to
establish positions for what could be a significant end-of-year rally. JPMorgan
analyst Tom Lee is of the opinion that the market could gain 20% between now and
the end of the year. That could be good news for former high-flying stocks like
Netflix (NASDAQ: NFLX ) and Green Mountain Coffee Roasters (NASDAQ: GMCR ), both
of which have sold off heavily as of late. Investors sure could sure use a rally
to top off a long 2011. Owning stocks this year has brought little joy sure,
theres no such thing as a free lunch, but there is something thats occasionally
supposed to come along with taking a little risk: higher returns. While the
market still is filled with fear, a path to higher stock prices could be paved
by a solution (or positive signs of one) to the European debt crisis, as well as
improved domestic economic data. Corporate earnings have been mixed but are
mostly holding steady despite slower economic growth, so a boost in economic
activity could make stocks jump, too. No one can guarantee that stocks will find
the elixir for our current malaise, but Im an optimist. As such, I would suggest
buying. Here are three stocks to consider in anticipation for an end-of-year
rally: Pantry Inc. Pantry Inc.
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