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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 #4 – Harmony Gold Mining Co. (HMY)

Harmony Gold Mining Co. (NYSE:HMY) is engaged in underground and surface mining. It has increased sales over the past five years from a growth rate of 6.45% to 19.49%, and net margins have improved as well.

Recent moves by the European Union to shore up the euro have driven investors to hard assets, and HMY jumped from under $9 to over $10 from July 24 to July 27.

HMY is a highly volatile and speculative investment, but if the euro turns strong it is likely that it could jump to the mid-teens.

08 12 hmy Top 6 Stocks to Buy for August

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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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