Stocks to Buy in August

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5 Top Stocks to Buy in August

Summary

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Five Motley Fool contributors are especially excited about The Trade Desk (NASDAQ: TTD ), Nio (NYSE: NIO), Visa ( NYSE ) and Walmart as top stocks to buy in August .

Nio's electric vehicle maker Neha Chamaria believes the sell-off is now overdone and the second half of the year could be better for the Chinese EV maker.

Visa has a diverse revenue stream spanning domestic and international markets, credit cards and debit cards, and consumers and corporate clients.

The business model is essentially perfect: Charge a flat fee per transaction and a variable fee based on the size of the transaction.

Enbridge is a great ultra-high-yield dividend stock with a 7.2% dividend.

Walmart 's stock isn't especially cheap at nearly 30 times trailing earnings.

Investors should still consider building up a position in the market leader to benefit from its strengthening profitability over the coming years .

Walmart has returned about $3 billion to investors in each of the past two quarters , split roughly evenly between buybacks and dividends.

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