A couple of stocks that are doing exceptionally well this year are Veru (NASDAQ: VERU) and Chevron (NYSE: CVX). Pharmaceutical company Veru has been among the hottest stocks to own this year, having more than doubled in value while the S&P 500 is firmly in negative territory, down 13%. The company and its investors are hoping that the Food and Drug Administration (FDA) grants it Emergency Use Authorization (EUA) as phase 3 trials have shown it is effective in reducing the risk of death among hospitalized patients.
As brokers have a deeper understanding of the stocks, one must follow rating upgrades. We select Corteva (CTVA), Clearwater Paper (CLW) and Chevron (CVX) as these witness ratings upgrades.
Here are three Buffett stocks to buy hand over fist this August. If there is any economic slowdown going on, American Express (NYSE: AXP) certainly isn't seeing it. On the company's recent second-quarter earnings call, the company reported record card member spending, with Chief Executive Officer Stephen Squeri saying that results were spurred by "a vigorous rebound in travel and entertainment spending and continued strong growth in goods and services."