The Top 3 Stocks to Buy for August
Several areas of the market stand out at this time, which is why we’ve put together a brief overview of the top 3 stocks to buy for August.
This story originally appeared on MarketBeat
Now that most of the mega-cap technology names have reported their earnings, many investors are trying to determine what’s next for the market. Will we see money rotate out of FAANG stocks and into some of the beaten-up value and cyclical names? Are we going to see some volatility given that most of the strongest earnings reports have been sold? Only time will tell, but it certainly makes sense for investors to start putting together a shopping list of quality names to add in August to stay ready for any of the scenarios to come.
The summer months are typically low volume, but that doesn’t mean there aren’t going to be nice buying opportunities to take advantage of. Several areas of the market stand out at this time, which is why we’ve put together a brief overview of the top 3 stocks to buy for August. Keep reading on to learn more.
Lennar Corporation (NYSE:LEN)
Lennar CorporationAdvanced Micro Devices (NASDAQ: AMD)
AMD’sSteel Dynamics (NASDAQ: STLD)
Steel DynamicsNow that most of the mega-cap technology names have reported their earnings, many investors are trying to determine what’s next for the market. Will we see money rotate out of FAANG stocks and into some of the beaten-up value and cyclical names? Are we going to see some volatility given that most of the strongest earnings reports have been sold? Only time will tell, but it certainly makes sense for investors to start putting together a shopping list of quality names to add in August to stay ready for any of the scenarios to come.
The summer months are typically low volume, but that doesn’t mean there aren’t going to be nice buying opportunities to take advantage of. Several areas of the market stand out at this time, which is why we’ve put together a brief overview of the top 3 stocks to buy for August. Keep reading on to learn more.
Lennar Corporation (NYSE:LEN)
Lennar CorporationAdvanced Micro Devices (NASDAQ: AMD)
AMD’sSteel Dynamics (NASDAQ: STLD)
Steel DynamicsThe rest of this article is locked.
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