Even by August's traditionally
, this was an incredibly slow month.
Stocks trudged ahead at a snail's pace, gaining little by
little in a month when the
was as narrow as it's been in two years. The S&P 500 inched
forward 1.9%, while the Dow Jones Industrial ticked up a mere
Meanwhile, volume was as low as it's been all year.
It was a dull month, to be sure. But there were a number
stocks that made exciting moves - at least if you were a
Here were three of August's biggest winners:
Michael Kors (
It seems nothing can slow this freight train of a stock down.
KORS shares vaulted another 30% this month, pushing the stock
up 124% since its IPO last December. A stellar
had a lot to do with the luxury apparel company's latest push.
Second-quarter profits increased 71% from the year before. At
55 times trailing earnings, the stock is getting a bit
expensive. But in eight months of public trading, Michael Kors
has yet to waver.
Oil prices bounced back in August. And this mid-cap oil refiner
rallied along with them. Tesoro shares popped 43% this month to
reach their highest level since early 2008. The stock has now
gained 65% in 2012.
Green Mountain Coffee Roasters (
Late July was rock bottom for this specialty coffee company - a
Wyatt Investment Research neighbor up here in Vermont. The
stock had fallen below $18 a share - six times less than the
$110 it was trading for just a year earlier. Having hit a
bottom, though, GMCR shares bounced back with a vengeance this
month. The stock gained 32% in August to close finish at
roughly $24 a share. It's still a shell of what it was a year
ago. But at least it's a profitable company that's back on the