TDS (Telephone and Data Systems, Inc.) is the best performing stock in August 2023. Following are USM (+162%) and STG (+95%). Top performing sectors: Communication Services (+63% avg, 2 in top 10), Consumer Defensive (+30% avg, 1 in top 10), Consumer Cyclical (+20% avg, 2 in top 10).
This ranking shows the best performing stocks during August 2023, calculated from the first to the last trading day of the month. Using split-adjusted data ensures accurate performance calculations.
Monthly performance rankings help identify short-term momentum and sector rotation patterns that may not be visible in longer timeframes. These rapid movers often present opportunities for traders and momentum investors.
TDS (Telephone and Data Systems, Inc.) was the best performing stock in August 2023 with a gain of 171%. Top performers this month include TDS, USM, STG.
The biggest gainers in August 2023 were: TDS (+171%), USM (+162%), STG (+95%), VRT (+48%), CPRI (+44%). These monthly rankings show which stocks had the strongest short-term momentum.
The top performing sectors in August 2023 included Communication Services, Consumer Defensive, Industrials, based on the stocks with highest monthly gains. TDS led the Communication Services sector.
Monthly stock performance is calculated by comparing the closing price on the last trading day of the month to the opening price on the first trading day. Split-adjusted prices ensure accuracy.
Monthly performance rankings reveal short-term momentum patterns and help identify stocks experiencing rapid price movements:
