In this guide

6 Top Performing Stocks in July for 2024

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.

By:

Updated: Jul 4, 2024

Listen

6 min read

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?

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 symbol	Company name	Learn more
1	AMGN	Amgen Inc	Learn more >
2	BPL	Buckeye Partners LP	Learn more >
3	HCP	HCP Inc	Learn more >
4	HCN	Welltower Inc	Learn more >
5	HOG	Harley-Davidson Inc	Learn more >
6	KIM	Kimco Realty Corporation	Learn more >

List chosen by our team of analysts, updated September 2024.

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%.

Open account & trade

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%.

Open account & trade

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%.

Open account & trade

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%.

Open account & trade

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%.

Open account & trade

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%.

Open account & trade

What is the typical seasonal performance of stocks in July?

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?

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.

We found 4 online brokers for users based in

Sort by:

Strong Seasonality Stocks for July

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

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.

Methodology: How we choose the best July stocks

At Invezz, our mission is to empower our readers with the most accurate and reliable financial information. Our curated selection of the best stocks in specific industries is designed to provide investors with well-researched, expertly reviewed stock recommendations. Our team follows a rigorous process to ensure our readers receive high-quality, trustworthy stock selections.

Initial screening. Our team of experienced stock market analysts conducts an initial screening of stocks within the chosen industry. This involves analyzing a broad range of companies based on key financial metrics such as revenue growth, profitability, debt levels, and market capitalization.
Earnings reports and financial analysis. Analysts review the latest earnings reports of shortlisted companies. This includes a detailed assessment of financial statements, looking for consistent earnings growth, strong balance sheets, and positive cash flow trends. Special attention is given to year-over-year performance and quarterly results.
Sector analysis. A comprehensive sector analysis is conducted to understand the macroeconomic factors affecting the industry. This includes examining market trends, competitive landscape, regulatory changes, and technological advancements. Our analysts utilize industry reports, market research, and economic forecasts to gain a holistic view of the sector.
Analyst recommendations. We consider recommendations from reputable sources such as Barron’s and Zacks. These sources provide expert opinions and ratings on stocks, which serve as an additional layer of validation for our selections. Incorporating external analyst recommendations ensures that our curated stocks are backed by a consensus of expert views.
Internal review. After the initial selection by our analysts, the chosen stocks are reviewed by a sub-editor. The sub-editor ensures that the analysis is clear, concise, and adheres to Invezz’s editorial guidelines. This review process helps maintain the quality and readability of our content, making it accessible to a broad audience.
Quarterly updates. To ensure our stock recommendations remain relevant and up-to-date, we update the curated section quarterly. Each update cycle involves re-evaluating the stocks based on the latest financial reports, industry developments, and market conditions. This regular update process ensures that our recommendations reflect the most current information available.

Our approach combines expert analysis, comprehensive research, and regular updates to deliver reliable and insightful investment recommendations. Read more about our review process and editorial policy.

More of the best performing stocks

Best performing stocks in April 2024

Best performing stocks in August 2024

Best performing stocks in December 2024

Best performing stocks in February 2024

Best performing stocks in January 2024

Sources & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

StockCharts.com

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.