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Top 6 Stocks to Buy for August

This month's picks based on proven performance, above-average dividend yields

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Top Stock to Buy #3 – Dominion Resources (D)

Stability has marked the history of Dominion Resources (NYSE:D), one of the largest producers and transporters of energy in the United States. The company also operates the largest natural gas storage system serving retail energy customers in 15 states. It is expected to earn $3.47 in 2013 versus $3.20 in 2012.

On July 27, the stock broke from a quadruple-top to a new high as it sprang from support at its 50-day moving average and was supported by a MACD buy signal. The target for D is $60.

D Chart

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Article printed from InvestorPlace Media, http://investorplace.com/2012/07/top-stocks-to-buy-bhi-bmy-d-hmy-qcom-spg/.

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