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The Most Promising Stocks For July 2021


Dora Wi

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June was a wobbling month in the stock market. Stocks went up and down, but most of them closed the month in the green range. To help you with your investment decisions, we will try to find the best stocks for July based on fundamental analysis. 

As a quick recap of June, S&P 500 rose by 1.1% while the Nasdaq composite gained 3.8%. The Dow Jones Industrial Average closed the month in red with a loss of -1.2%. In the matter of Gross Domestic Product, the Conference Board forecasts that US Real GDP growth will rise to 9.0% in Q2 2021 and 6.6% (year-over-year) in 2021. Following solid economic growth in Q1 2021 they expect the recovery to continue through the remainder of the year.

Source and details in the Walletinvestor.com Magazine

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1. Align Technology, Inc. [ALGN]
Sector: Healthcare
Industry: Medical Devices
Current price: $615.8 | 1 year: +13.49% | 5 years: +60.02%

2. Fortinet, Inc. [FTNT]
Sector: Technology
Industry: Software
Current price: $242| 1 year: +18.59% | 5 years: +93.29%

3. Athene Holding Limited [ATH]
Sector: Financial Services
Industry: Insurance
Current price: $66.91| 1 year: +27.91% | 5 years: +158.82%

4. Accenture plc [ACN]
Sector: Technology
Industry: Information Technology Services
Current price: $294.6| 1 year: +10.84% | 5 years: +64.39%

5. 360 DigiTech Inc, [QFIN]
Sector: Financial Services
Industry: Credit Services
Current price: $42.07| 1 year: +53.05% | 5 years: +258.42%

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