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Top 6 Stocks to Buy for September

This month's picks should do well despite risks at home and abroad

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Top Stock to Buy #2 — Cubist Pharmaceuticals (CBST)

Cubist Pharmaceuticals (NASDAQ:CBST) focuses on research and development in the acute-care environment. Drugs to combat hospital-acquired infections are its priority. This year’s earnings may be flat at $1.84, but the approval of several potential blockbuster drugs could contribute to an earnings increase.

In early August, Goldman Sachs (NYSE:GS) initiated coverage of CBST with a “buy” rating and a $54 price target.

Technically the breakout from a triple-top on high volume and a stochastic buy signal are noteworthy. The target for the breakout is $52.

09 12 cbst Top 6 Stocks to Buy for September

chart key Top 6 Stocks to Buy for September


Article printed from InvestorPlace Media, http://investorplace.com/2012/08/top-stocks-to-buy-aem-cbst-esrx-hiw-nee-pfe/.

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