Who said now wasn't a good time to be in the stockmarket?
Led by stellar performances from the resources sector – in particular BHP Billiton Limited (ASX: BHP), Fortescue Metals Group Limited (ASX: FMG) and Woodside Petroleum Limited (ASX: WPL), which have risen 1.6%, 3.4% and 1% respectively – the S&P/ASX 200 Index (Index: ^AXJO) (ASX: XJO) has today set itself a fresh six-year peak.
Jumping 42.2 points or 0.8%, the benchmark index climbed as high as 5,561.1 points. Its previous high was 5,554.5 points, achieved on 29 April 2014.
While the market is scaling new heights, the hunt for bargain stocks has become a much more difficult task. However, by all means there are still plenty out there to be found!
For instance, my fellow Motley Fool writer Owen Raskiewicz and I have recently named the 4 stocks we would each buy if we had $10,000 to invest. Those articles can be found here, and here.
Alternatively, The Motley Fool's top advisors have also uncovered another small-cap stock with fantastic growth potential which is well worth checking out.
