In today's complicated market, it can be difficult to filter out the noise and focus on what matters most -- achieving your financial goals. The best way to do that is by selecting top stocks and then building a diversified portfolio of companies that you believe can continue growing in the years to come.
Different stocks can serve different purposes in a balanced portfolio. For example, MercadoLibre (NASDAQ: MELI) is an underappreciated growth stock that has rebounded over the last year but is still a great value. NextEra Energy (NYSE: NEE) and (NASDAQ: SBUX) are two rock-solid dividend stocks from different sectors of the economy. Axsome Therapeutics (NASDAQ: AXSM) is a biotech company with a healthy backlog of new products. And PayPal (NASDAQ: PYPL), a former growth stock turned value stock, is simply too cheap to ignore.
By selecting a basket of great stocks, you can blend growth, value, and income to create a portfolio that can weather bear market storms while also compounding gains over time. Find out why all five of these stocks are worth buying in July.
Source Fool.com