4 Stocks to Buy for February 2016

 4 Stocks to Buy for February breathless:

Coach Inc (COH) has been in a two-year funk, but surprisingly strong quarterly earnings have reinvigorated the stock.
Shares popped on the earnings news, sending them through the buy signal of a golden cross. It’s also reassuring that technical strength has been building for some time.
COH stock broke resistance at its 50-day moving average about three years ago and has since found it to be a reliable level of support.
Seasonality is favorable too. COH has gained an average of 2.3% in February over the past decade, according to Thomson Reuters Stock Reports. Typical gains for March and April are 2.7% and 8.1%, respectively.

 Information technology company Computer Programs & Systems, Inc. (CPSI) is another name swimming against the market tide, and price momentum suggests more gains for February.
CPSI is up more than 15% for the year to date and is generating ever more technical support. Shares recently went through a golden cross after finding long-lost support at the 200-DMA.
A solid earnings report helped spark the recent rally, but technicals suggest upside momentum is still building. CPSI is only a couple of percentage point off from its 52-week high.

 Dollar Tree, Inc. (DLTR) is on the cusp of hitting a 52-week high. It’s also not far removed from a golden cross. Taken together, DLTR has a head of price momentum.
Indeed, DLTR’s Thomson Reuters price momentum rating is at a three-year high now that it can rely on support from both its 50- and 200-DMA.
A strong quarterly showing helped get this run going, as did the completion of a tricky merger with Family Dollar, but that’s not all DLTR has going for it.
Shares historically love this time of year, rising an average of 5.7% in February and 5.9% in March.

Rovi Corporation (ROVI), which provides software and services technology for digital entertainment platforms, has totally ignored the market’s massive 2016 drawdown.
In fact, ROVI hasn’t look this good in nearly a year. ROVI stock at long last broke through resistance at its 50- and 200-DMAs at the end of last year and hasn’t looked back.
ROVI made a golden cross toward the end of January and is now sitting on a year-to-date gain of more than 12%. That beats the broader market by more than 20 percentage points.
Shares should enjoy even more outperformance in February. On a seasonal basis, ROVI gains an average of 6.3% in the second month of the year.