Hot Stocks You're Buying Now

Welcome back to another Foolish review of the hottest stocks as ranked by Motley Fool CAPS. We're looking at the three best-performing industries over the past 30 days, and your favorite long and short candidates in each.

Last week, and the week before, the makers of organic light-emitting diodes were smiling bright, up an average of 19.8% over the past 30 days.

Our other two hotheads are new entrants. Nevada dice-rollers such as Wynn Resorts (NASDAQ:WYNN) rank second, up 12.6% since late July, while the stocks for jocks are third with a 12.4% average return over the same period.

According to you, our Foolish readers, the best stocks in these industries to own now -- i.e., those with four or five of the maximum five stars in CAPS -- are:

And your favorite short candidates -- i.e., those rated with one or two stars in CAPS -- are:

Do you agree? Disagree? Let us know what you think by signing up for CAPS today. It's 100% free to participate.

Cap off your day with related CAPS Foolishness:

• Go for stocks being bought back.
• Or take a look at Wall Street's buy list.
• Or consider the companies that insiders are buying.

Universal Display is one of many Rule Breakers recommendations. More than 10 have at least doubled. Intrigued? Get a 30-day free pass to the service. There's never an obligation to subscribe.

Zumiez is a Hidden Gems pick.

Fool contributor Tim Beyers, who is ranked 7,568 out of more than 60,000 participants in CAPS, didn't own shares in any of the companies mentioned in this story at the time of publication. Find Tim's portfolio here and his latest blog commentary here. The Motley Fool's disclosure policy is hotter than city asphalt in the summer heat.