5 best summer stocks to buy for Q4 2024
Invezz is an independent platform with the goal of helping users achieve financial freedom. In order to fund our work, we partner with advertisers who may pay to be displayed in certain positions on certain pages, or may compensate us for referring users to their services. While our reviews and assessments of each product are independent and unbiased, the order in which brands are presented and the placement of offers may be impacted and some of the links on this page may be affiliate links from which we earn a commission. The order in which products and services appear on Invezz does not represent an endorsement from us, and please be aware that there may be other platforms available to you than the products and services that appear on our website. Read more about how we make money >
There are many stocks that flourish in the hot weather and the experts here at Invezz have done some digging into historical price data to discover the best summer stocks.
The summer-related stocks with the biggest spring to summer gains over the past 6 years
Copy link to section| Rank | Company | Avg. spring-summer % increase | Trade now |
|---|---|---|---|
| 1 | SunRun | 25.77% | Trade SunRun 77% of retail CFD accounts lose money. |
| 2 | Camping World | 24.26% | Trade Camping World 77% of retail CFD accounts lose money. |
| 3 | PoolCorp | 11.24% | Trade PoolCorp 77% of retail CFD accounts lose money. |
| 4 | Monster Beverage | 9.15% | Trade Monster Beverage 77% of retail CFD accounts lose money. |
| 5 | Winnebago Industries | 7.89% | Trade Winnebago Industries 77% of retail CFD accounts lose money. |
| 6 | Home Depot | 6.93% | Trade Home Depot 77% of retail CFD accounts lose money. |
| 7 | Visa Inc. | 6.28% | Trade Visa Inc. 77% of retail CFD accounts lose money. |
| 8 | Unilever | 6.07% | Trade Unilever 77% of retail CFD accounts lose money. |
| 9 | Nestlé | 4.63% | Trade Nestlé 77% of retail CFD accounts lose money. |
| 10 | Nike | 3.83% | Trade Nike 77% of retail CFD accounts lose money. |
| 11 | Coca-Cola | 3.71% | Trade Coca-Cola 77% of retail CFD accounts lose money. |
*Data analysed from March 2017-July 2022.
- Solar energy company SunRun has seen an average increase of 25.77% to its stock price between spring and summer for the last 6 years making it a fantastic summertime investment opportunity.
The summer-related stocks that made a loss in the heat
Copy link to section| Rank | Company | Avg. spring-summer % increase | Trade now |
|---|---|---|---|
| 1 | Six Flags | -6.36% | Trade Six Flags 77% of retail CFD accounts lose money. |
| 2 | Avis Budget Group | -7.64% | Trade Avis Budget Group 77% of retail CFD accounts lose money. |
| 3 | Carnival Corporation & plc | -12.97% | Trade Carnival Corporation & plc 77% of retail CFD accounts lose money. |
- One company that made a surprising loss in the summer months over the past 6 years is theme park giant Six Flags, losing an average of 6.36% each summer.
How hot weather affects stock prices
Copy link to sectionThe hot weather can have a surprisingly big impact on consumer behaviour and therefore also investor decisions. Investors would be wise to keep an eye out for ‘summer stocks’ opportunities which are in the perfect position to thrive during the consumer and tourism boom during the hot months.
The sorts of seasonal companies and industries to monitor include solar energy, outdoor entertainment and recreation stocks, food and drink as well as gardening and home improvement retailers. These stocks are often a great short-term investment opportunity but are also capable of generating gains on a long-term basis.
However, past performance is not necessarily indicative of future performance and it must also be taken into account that the 5 year sample includes anomalies such as COVID and historically high levels of money printing which are unique to the usual environment.
More of the best performing stocks
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >