
July is historically the best month for stock gains, with the S&P 500 averaging a 2.3% rise, and the year after midterm elections typically sees a 14% gain. Despite current concerns, inflation and interest rates are expected to decline, supported by an oil glut forecast. Two dividend-growth stocks highlighted are Illinois Tool Works (ITW), which has strong margins and a history of dividend growth despite analyst skepticism, and Deere & Co. (DE), benefiting from a booming construction segment and a recovering agricultural cycle. Both companies offer attractive dividend prospects and potential price appreciation, making them timely buys this summer.