We are nearing the end of summer, which typically leads to higher trading volumes. Summer vacations lead to low trading volumes, and in the winter months we tend to see increased investment flows.
As trading picks up, some stocks will benefit, while others will experience downward trends to close out the year.
So far this year, the Dow Jones is up around 6.2%, and is trading near record highs. The overall mood is bullish, but with the broader markets near record highs there is a decent chance that profit takers will enter the market and drive stocks lower to close out the year.
When the market is hitting on all cylinders as it is currently, you want to keep your money invested, but you want to make sure you are putting your money to work in stocks that have strong reasons for moving higher.
We are going to take a closer look at five stocks that are poised to build on recent gains, and outperform the broader market through the second half of the year.