When markets are under pressure, focus on balance, states Lucas Downey of Mapsignals.com.

Many stocks are in a bear market. We believe investors should find the highest quality stocks in this environment. For April, we see opportunity in the energy, financial, discretionary, staples, and technology spaces. We love having balance when markets are weak.

When we research potential investments, we are thinking long-term. That's where the big money is made. That's why it's very important to understand the fundamental qualities of each stock. Growing sales and earnings is paramount.

But always remember, the process is more important than the stocks.

Five Best Stocks to Buy Now for April 2022:

  • 3:07 Ulta Beauty, Inc. (ULTA)
  • 6:04 Diamondback Energy, Inc. (FANG)
  • 8:08 Tractor Supply Company (TSCO)
  • 10:33 LPL Financial Holdings Inc. (LPLA)
  • 12:46 Check Point Software Technologies Ltd. (CHKP)

Disclosure: Luke holds no positions in any of the five stocks profiled at the time of filming.

To learn more about Lucas Downey, visit Mapsignals.com.