August was another good month for the stock market as the major averages all finished higher for the month. The S&P 500 rose 2.9% for the month, posting its best winning streak since 2017. The Nasdaq Composite gained about 4% for its third positive month and while the Dow lagged, it still added 1.2%. Although some strategists are on the lookout for a correction in September, we tried to find the most promising stocks for this month which could be good options for many portfolios. Let’s see them.
1. Lennar Corporation [LEN]
Sector: Consumer Cyclical
Industry: Residential Construction
Current price: $107.3 | 1 year: +16.5% | 5 years: +79.03%
2. Advanced Micro Devices [AMD]
Sector: Technology
Industry: Semiconductors
Current price: $110.25 | 1 year: +24.54% | 5 years: +131.95%
3. Facebook [FB]
Sector: Communication Services
Industry: Media & Services
Current price: $382.3 | 1 year: +18.32% | 5 years: +106.2%
4. Nano Dimension [NNDM]
Sector: Technology
Industry: Computer Hardware
Current price: $6.5 | 1 year: +80% | 5 years: +433.09%
+1 Digital Turbine [APPS]
Sector: Technology
Industry: Software
Current price: $60.23 | 1 year: +28.3% | 5 years: +184.15%
Source and details: https://walletinvestor.com/magazine/the-most-promising-stocks-for-september/?utm_source=forum