We’ve just reached the summer solstice, and that means the longest day of the year and the official start of summer. Now for some, summer is a time for relaxation and vacations, but for me, it just means it’s time to look around for red-hot summer stocks. In this tumultuous year, good stocks aren’t the easiest to come by, but with a little digging in the sand we can stake out a few fantastic positions on the equity beach. This summer, I want to own stocks that are immune from a slowing economy. That means I want to own companies whose earnings come from customers with plenty of expendable income. I’m also looking for the best-of-breed stocks within their particular industry, as these usually give investors the best chance to take advantage of favorable conditions within that particular market. Here are three of my favorite red-hot summer stocks that can give your portfolio a glowingly profitable tan.
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