Every Monday in our Bespoke Stock Seasonality Report, which is available to Bespoke Premium and Bespoke Institutional clients, we highlight the historical median returns of the S&P 500, sectors, and individual stocks in the upcoming two week period based on their returns over the last ten years. While investing based on seasonal trends on their own is never an advisable strategy since history never exactly repeats itself, it is good to know the historical tendencies of different aspects of the market at different times of the year.
Along the lines of our Bespoke Stock Seasonality Report, the table below lists the fifteen stocks in the S&P 500 that have the highest historical median returns during the entire month of March over the last decade. Topping this list is GameStop (GME), which has seen a median return of 12.25% during the month of March with positive returns 90% of the time. The only down March for GME over the last ten years was in 2012 when the stock fell 4.1%. The most consistent top performing S&P 500 stock, however, is Signet Jewelers (SIG), which has averaged a gain of 8.64% with positive returns in each of the last ten years! After reporting earnings this morning, shares of SIG are up 11% today and getting a headstart on their typically strong March, so it will be interesting to see if the stock can build on those gains in the month ahead. Lastly, another notable stock on the list below is Chipotle (CMG). The stock has already bounced nicely off its January E.coli lows, but with a median gain of 7.4%, the month of March has also been strong for the stock over the last decade.