Top-Performing Stocks From August

Although recent days have been a little different, the stock markets haven’t appeared like they understand that America is in a serious crisis. In spite of the major issues rocking economies across the country as they try to grapple with the coronavirus, the S&P 500 posted its best August since Ronald Reagan was president while once again setting record highs.

The answer to why stock investors seem to think that COVID-19 won’t have any negative impact on the economy is anyone’s guess, but the fact remains that this is one asset class that has been seeing money flooding in.

But which companies are leading the charge? Here’s a closer look at the biggest August winners on the S&P 500.

25. Consolidated Edison Company of New York

• July 31 closing price: $71.34
• Aug. 31 closing price: $76.83
• Percentage gain: 7.70%

24. Marathon Petroleum Corp.

• July 31 closing price: $35.46
• Aug. 31 closing price: $38.20
• Percentage gain: 7.73%

23. Apartment Investment and Management Co. (Aimco)

• July 31 closing price: $36.03
• Aug. 31 closing price: $38.82
• Percentage gain: 7.74%

22. Jack Henry & Associates

• July 31 closing price: $165.42
• Aug. 31 closing price: $178.30
• Percentage gain: 7.79%

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21. Baker Hughes Co.

• July 31 closing price: $14.28
• Aug. 31 closing price: $15.49
• Percentage gain: 8.47%

20. Laboratory Corp. of America Holdings (LabCorp)

• July 31 closing price: $175.75
• Aug. 31 closing price: $192.92
• Percentage gain: 9.77%

19. Micron Technology

• July 31 closing price: $45.51
• Aug. 31 closing price: $50.06
• Percentage gain: 10%

18. American Electric Power Co.

• July 31 closing price: $78.83
• Aug. 31 closing price: $86.88
• Percentage gain: 10.21%

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17. American International Group

• July 31 closing price: $29.14
• Aug. 31 closing price: $32.14
• Percentage gain: 10.30%

16. NiSource Inc.

• July 31 closing price: $22.16
• Aug. 31 closing price: $24.45
• Percentage gain: 10.33%

15. IPG Photonics Corp.

• July 31 closing price: $161.73
• Aug. 31 closing price: $179.01
• Percentage gain: 10.68%

14. Cisco Systems Inc.

• July 31 closing price: $42.22
• Aug. 31 closing price: $47.10
• Percentage gain: 11.56%

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13. ResMed Inc.

• July 31 closing price: $180.78
• Aug. 31 closing price: $202.51
• Percentage gain: 12.02%

12. Lam Research Corp.

• July 31 closing price: $336.34
• Aug. 31 closing price: $377.16
• Percentage gain: 12.14%

11. Western Digital Corp.

• July 31 closing price: $38.42
• Aug. 31 closing price: $43.10
• Percentage gain: 12.18%

10. Flir Systems Inc.

• July 31 closing price: $36.90
• Aug. 31 closing price: $41.66
• Percentage gain: 12.90%

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9. Pinnacle West Capital Corp.

• July 31 closing price: $73.35
• Aug. 31 closing price: $83.08
• Percentage gain: 13.27%

8. Quest Diagnostics Inc.

• July 31 closing price: $111.24
• Aug. 31 closing price: $127.07
• Percentage gain: 14.23%

7. Huntington Ingalls Industries

• July 31 closing price: $151.52
• Aug. 31 closing price: $173.71
• Percentage gain: 14.64%

6. HollyFrontier Corp.

• July 31 closing price: $23.87
• Aug. 31 closing price: $27.50
• Percentage gain: 15.21%

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5. Becton Dickinson and Co.

• July 31 closing price: $242.77
• Aug. 31 closing price: $281.34
• Percentage gain: 15.89%

4. Arista Networks Inc.

• July 31 closing price: $223.45
• Aug. 31 closing price: $259.77
• Percentage gain: 16.25%

3. Hologic Inc.

• July 31 closing price: $59.72
• Aug. 31 closing price: $69.78
• Percentage gain: 16.85%

2. Evergy Inc.

• July 31 closing price: $53.22
• Aug. 31 closing price: $64.83
• Percentage gain: 21.82%

1. Occidental Petroleum Corp.

• July 31 closing price: $12.74
• Aug. 31 closing price: $15.74
• Percentage gain: 23.55%

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About the Author

Joel Anderson

Joel Anderson is a business and finance writer with over a decade of experience writing about the wide world of finance. Based in Los Angeles, he specializes in writing about the financial markets, stocks, macroeconomic concepts and focuses on helping make complex financial concepts digestible for the retail investor.

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