July's fireworks don't have to end just because the U.S. Independence Day celebrations on the Fourth of July are over. You can put your money to work by investing in stocks that hold the potential to light up your portfolio over the long run.
But which stocks should you buy? My view is that it makes sense to first identify major trends that are likely to generate tremendous growth in the future. After identifying those trends, look for the stocks of companies that have already established a leadership position and appear to be in good shape to remain at the top.
Here are five trends that I think will be important for years to come and the five stocks you can buy in July to profit from these trends.