Top performing stocks in July 2023

These stocks have a long history of performing well in July, rising as much as 85% of the time and jumping by up to 9%. This article goes through the statistics between 1998 and 2017 to find the best July stocks.
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Updated: Dec 6, 2022
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Seasonality is the study of how assets perform at certain times of the year. The stocks below have shown a strong tendency to rise in July, historically. That doesn’t mean they will rally this July, though. Seasonality is best used in conjunction with other forms of analysis and specific trading strategies.

What are the top stocks that perform well in July?

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Our analysts have selected the best stocks that tend to perform well in July and during July. You can find the list from our panel of experts in the table below.

#Stock symbolCompany nameTrade now
1AMGNAmgen Inc
2BPLBuckeye Partners LP
3HCPHCP Inc
4HCNWelltower Inc
5HOGHarley-Davidson Inc
6KIMKimco Realty Corporation
List chosen by our team of analysts, updated November 2023.

85% Rally Rate

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Amgen Inc (AMGN)

  • Price has rallied 23 out of 27 years, or 85%.
  • Average July gain, for all years, is 9.62%.
  • In the rising months (23) the average gain has been: 12.2%.
  • In declining months (4) the average loss is -5.21%.
  • Biggest gain is 32.79%, and biggest drop is -7.56%.
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Buckeye Partners LP (BPL)

  • Price has rallied 23 out of 27 years, or 85%.
  • Average July gain, for all years, is 3.34%.
  • In the rising months (23) the average gain has been: 4.23%.
  • In declining months (4) the average loss is -1.81%.
  • Biggest gain is 9.12%, and biggest drop is -3.34%.
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81% Rally Rate

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HCP Inc (HCP)

  • Price has rallied 22 out of 27 years, or 81%.
  • Average July gain, for all years, is 3.76%.
  • In the rising months (22) the average gain has been: 5.74%.
  • In declining months (5) the average loss is -4.96%.
  • Biggest gain is 21.55%, and biggest drop is -7.24%.
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80% Rally Rate

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Welltower Inc (HCN)

  • Price has rallied 20 out of 25 years, or 80%.
  • Average July gain, for all years, is 4.01%.
  • In the rising months (20) the average gain has been: 5.88%.
  • In declining months (5) the average loss is -3.5%.
  • Biggest gain is 17.47%, and biggest drop is -9.03%.
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74% Rally Rate

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Harley-Davidson  Inc (HOG)

  • Price has rallied 20 out of 27 years, or 74%.
  • Average July gain, for all years, is 6.53%.
  • In the rising months (20) the average gain has been: 10.54%.
  • In declining months (7) the average loss is -4.91%.
  • Biggest gain is 39.41%, and biggest drop is -11.5%.
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72% Rally Rate

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Kimco Realty Corporation (KIM)

  • Price has rallied 18 out of 25 years, or 72%.
  • Average July gain, for all years, is 3.71%.
  • In the rising months (18) the average gain has been: 6.37%.
  • In declining months (7) the average loss is -3.12%.
  • Biggest gain is 12.64%, and biggest drop is -9.84%.
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What is the typical seasonal performance of stocks in July?

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Now that we’ve seen the best historical July stock performers it is important to understand that most stocks tend to be pretty flat, to slightly higher, in July. Over the last 19 years the S&P 500 index has moved up in July 47% of the time (number above columns), edging out a small average profit of 0.3% (number at bottom of columns). In more recent history, July has a been a pretty month. For example, over the last 10 years, it is up 60% of the time, increasing on average 1.8%. Over the last 5 years, it is up 80% of the time, increasing 2% on average. So long-term, July hasn’t been so good, but more recently it has been decent.

Where to buy the best-performing stocks for July?

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If you want to buy stocks that usually go up in July, you’ll first need to sign up with a broker. In the table below you can find a list of platforms selected by our panel of experts.

1
Min. Deposit
$ 10
Best offer
User Score
10
Up to $240 bonus!
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
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Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full Regulations:
CySEC, FCA

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2
Min. Deposit
$ 100
Best offer
User Score
9.8
Trade +2000 CFDs on Shares, Options, Commodities & more
Unlimited risk-free Demo Account
0 commissions & attractive spreads with up to 1:5 leverage
Start Trading
Payment Methods:
American Express, Apple Pay, Bank Transfer, Credit Card, Debit Card, Discover, Google Pay, Mastercard, PayPal, SEPA, Trustly, Visa, , skrill
Full Regulations:
ASIC, FCA, FSA, MAS, cysec-250-14-regulator, isa-regulator

Buy or sell stock CFDs with Plus500. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

3
Min. Deposit
-
Best offer
User Score
9.7
Diverse Stock Selection: Interactive Brokers offers a wide range of domestic and international stocks, providing investors with a diverse array of options for their portfolios.
Advanced Trading Tools: Investors benefit from real-time market data and advanced tools, empowering them to make informed decisions and execute trades with precision in the dynamic stock market.
Easy Portfolio Management: Interactive Brokers makes it simple to handle your investments by allowing you to easily switch between stocks and other assets on one platform, streamlining the way you manage your overall portfolio.
Start Trading
Payment Methods:
ACH, Bank Wire, Check
Full Regulations:
CFTC, FCA, FINRA, IIROC, NFA, NYSE, SIPC

Strong Seasonality Stocks for July

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The statistics below are based on the historic monthly opening and closing prices. Therefore, gains or losses within the month may be larger than those disclosed below. For example, a statistic may say the biggest rally on a monthly basis was 15%, but during the month the stock could have been up 20%, but dropped to only finish the month up 15% (intra-month losses could also be bigger). This is why it is also recommended traders combine these statistics with other strategies, which help control risk and lock in profits.

Buying at the open and close of the month is also somewhat arbitrary. There are more precise times to take trades. Focus on seasonal opportunities that align with strategies you are already using.

This is the raw data. How you interpret it, and what you opt to do with it, is up to you.

All stocks do at least 400K in average daily volume.

Final Word on the Strong July Seasonality Stocks

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This is the raw data. What you do with it is up to you. All traders are encouraged to do their own research and apply their own strategies if utilizing these statistics.

Each stock has a different risk profile. While the ‘average gain’ statistic is a key metric, it doesn’t tell the whole story. Making 7% may seem attractive but when looking at the volatility it may be more than you are willing to handle. Therefore, look at the all the data when deciding what to trade. Also, apply other technical and fundamental metrics to help zero-in on exact entry and exit points. Seasonality is not covered in my stock trading course, because it is a not a requirement for successful trading. That said, it is an additional tool you can use.

Losing trades WILL happen. Don’t risk more than 1% of your trading account on a trade (risk = difference between entry price and stop loss price, multiplied by the number of shares). There is always a risk in trading, and you can lose much more than you expect (even when you think you are only risking 1%).

Disclaimer: This article should not be viewed as investment advice, and is not a recommendation for you to buy or sell. Past performance is not necessarily indicative of future performance.



Sources & references
Risk disclaimer
Cory Mitchell
Market Analyst
Cory was a Market Analyst for Invezz and has been a professional trader since 2005. Over the years he has contributed to some of the best... read more.