3 Top Stocks to Buy in July

After a disappointing year for stocks in 2022, the markets have rebounded this year. The best way to ensure you're always a step ahead of Wall Street is to hold shares of quality companies with great prospects for long-term growth.

Chipotle Mexican Grill (NYSE: CMG) and Carnival (NYSE: CCL) are up 53% and 138%, respectively, year to date but could have more gains in store for investors after recently posting solid earnings results. Another timely stock to consider buying this month is Ulta Beauty (NASDAQ: ULTA), which saw its share price drop after its latest earnings report and could be undervalued.

Let's see why three Motley Fool contributors believe these stocks are well-positioned for long-term gains.

Source Fool.com