Why the Markets Are Surging Right Now

Updated

The Markets are absolutely soaring today after Congress passed The Taxpayer Relief Act in the wee hours of the fiscal-cliff debate. Of course, as much enthusiasm and relief is flowing through the markets today, the work isn't done yet. Democrats and Republicans still have to come together and debate the new debt limit, as well as cuts to the federal budget.

For investors, it's a great day to be in the market, but timing these big surges is impossible. That's why The Motley Fool's chief investment officer has selected his No. 1 stock for 2013, which should crush the market regardless of what political gridlock occurs. Find out which stock it is in our brand-new free report: "The Motley Fool's Top Stock for 2013." I invite you to take a copy, free for a limited time. Just click here to access the report and find out the name of this under-the-radar company.

The article Why the Markets Are Surging Right Now originally appeared on Fool.com.

Austin Smith owns shares of Apple. The Motley Fool owns shares of Apple, Cirrus Logic, and Zipcar. Motley Fool newsletter services recommend Apple and Zipcar. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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