Buy NVIDIA And Advanced Micro Devices

The traditionally bearish month of September is looming. The Cycles Research screen is tuned to finding stocks to buy for August trades. It is likely advisable to hold these into late August.

NVIDIA
NVDA

DIA
is at the top of the screen. It is, of course, ranked highly in relative strength, having been a stellar performer. The stock is also well-rated seasonally having risen 75% of the time in the month of August. The histogram of monthly expected return is below. The stock is very extended, but the high ratings are supported by short-term buy signals. The stock is likely to be in the $500-$525 range by late August.

Advanced Micro Devices is ranked number three in the S&P 500. The stock has risen 64% of the time for a 6% gain over the last 43 years, the second strongest month in any year. The monthly dynamic cycle is rising. The share price is likely to rally closer to $130.