3 high conviction stocks to buy in August



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Today, I’m covering three of my high conviction stocks, ones that I think will do well over the next few years with reasonable to low risk. High conviction stock picks aren’t always the highest growth, but rather stocks that I personally have great confidence in. I have been investing for 20 years and have increased my capital to millions of dollars over time through long term investments and funding. . Part of my job is to preserve capital. These equities present a balance between healthy growth and risk and should help to ensure the preservation of the capital of my investment portfolio over the long term.

I created a ranking system to help explain the strengths and weaknesses of each business. I rated my 25 most convincing actions according to the following criteria:

  • Security
  • Growth
  • Pit
  • Management

In today’s video, I break down three of my 25 most compelling actions: Nvidia (NASDAQ: NVDA), Snowflake (NYSE: SNOW), and Amazon (NASDAQ: AMZN). All three stocks are still, in my opinion, attractive at these levels and could be bought in August if weak.

* The stock prices used in the video below were on the trading day of August 3, 2021. The video was posted on August 3, 2021.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are heterogeneous! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.



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