Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)
Twitter
Tags: Stocks
Stocks: ALRM, amzn, HOMB, KKR

3 "Must Have" Stocks to Buy in August 2018

By Money Morning News Team, Money Morning • August 23, 2018

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

The bestĀ stocks to buy in August 2018 aren't just "must have" stocks, these are shares of companies with serious breakout potential, just as the bull market sets the record for the longest ever.

Money MorningĀ Economist Garrett Baldwin has crunched the numbers and come up with three of the best stocks to buy right now.

stocks to buy in august 2018In fact, the way he's putting it, if he just started to invest and had just $1,000 to spend, these are the stocks he'd buy first.

Now, some of these companies aren't household names, and others might not be the typical tech start-ups that make the headlines. But that's part of their appeal. You won't be following the crowd if you invest in them.

But that's essential to how you'll beat the market. Above-average returns come from ditching the herd and finding the best stocks everyone else is missing.

Here are theĀ top stocksĀ for August 2018...

Stocks for August 2018, No. 3: Home BancShares Inc.

Some of theĀ best stocksĀ tap into trends that aren't on everybody's radar yet.

But analysts are paid to get stocks on their radar before the crowd.Ā Money MorningĀ Special Situation Strategist Tim Melvin, for example, has been exploring a major trend in community bank stocks.

He's been on top of a five-year-long trend toward consolidation in the industry.

Must See: This method may be the only way in history to turn a small sum of money into $100,000 without batting an eye. Read more...

Sign up for SMS so you never miss special events, exclusive offers, and weekly bonus trades.

Technology costs are climbing for banks, oversight by multiple regulatory agencies is time-consuming and expensive, and community banks can't scale as effectively as larger ones.

As a consequence, there are 4 to 5% fewer U.S. banks every year.Ā They are merging or being acquired outright to overcome these obstacles.

And that's a hugely profitable trend for you.

Not only that, but multiple factors are expected to contribute to further consolidation - factors like the recent changes in the tax law, increasing profitability in the banking sector, and changes in Dodd-Frank regulation.

The consolidation trend is setting up nicely for Home BancShares Inc.Ā (NASDAQ: HOMB), a bank company that benefits from banking consolidation.

HOMB invests in community banks, typically by purchasing and consolidating them.

Last year, HOMB acquired Giant Holdings Inc. and bought Stonegate Bank through purchasing all its common outstanding shares. Then it merged an earlier-purchased bank, Centennial Bank, with Stonegate.

Investors stand to gain as HOMB turns consolidation into a profit machine. Piper Jaffray analysts forecast a more than 16% rise in the share price, from the current $24.02 to $28 over the next 12 months. But that could be too conservative of an estimate. After all, Wall Street is behind on this trend.

Plus, HOMB also offers a nice dividend of $0.48 for a 2.04% yield.

Stocks for August 2018, No. 2:Ā KKR & Co. Inc.

Few investments can be as lucrative for their investors as the returns on private equity.

The Wall Street JournalĀ reports that between 2000 and 2016, returns on private equity hit a soaring 255%. During the same period, the S&P 500 rose only 133%.

Now, access to private equity funds is the province of the superrich. You typically need to be an accredited investor with more than $1 million in assets. But retail investors do have ways to access the returns of private equity firms through publicly traded firms.

KKR & Co. Inc.Ā (NYSE: KKR) is one of the world's leading private equity firms, and you can own a slice of it like any other stock.

It was created in 1976 by two cousins, Henry Kravis and George Roberts, with just $120,000 in partnership.

Currently, KKR manages over $153 billion in assets.

Since the founding, it has given investors a phenomenal 19 to 20% average every year.

KKR currently pays out a $0.68 dividend for a robust 2.60% yield.

Not only that, but Oppenheimer analysts forecast a rise in the per-share stock price to $35. That's a 33% gain from today's share price of $26.36.

But our top stock for August has even better profit potential and is one you won't want to miss out on...

Join the conversation. Click here to jump to comments…

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments


Latest News

May 27, 2023 • By Garrett Baldwin

postcards from the florida republic - may 27

May 26, 2023 • By Garrett Baldwin

Here's Your (Surprising) Best Bet in a U.S. Default

May 26, 2023 • By Shah Gilani

earnings
The Five Things You Need to Know Before Buying Any Stock
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts Resource Traders Alliance

Ā© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz