Just released: our 3 top income-focused stocks to consider buying in August [PREMIUM PICKS]

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Our monthly Ice Best Buys Now are designed to highlight our team’s three favourite, most timely Buys from our growing list of income-focused Ice recommendations, to help Fools build out their portfolios.

• The AI-driven fraud detection business has transformed Relx, with its rapid and discreet identity verification services now contributing a substantial share of the company’s revenues.
• Identity verification and fraud detection have become essential drivers of e-commerce, evolving into a major industry in their own right — proof that in the digital economy, data is indeed the new oil.
• In its latest interim results, Relx reported a 7% increase in revenue and a 9% rise in adjusted EPS, alongside a 7% year-on-year uplift in the interim dividend to 19.5p.
• Looking ahead, Relx anticipates sustained positive momentum across the group and expects to deliver another year of strong growth in both revenue and operating profit.
• The group’s improving long-term growth trajectory is being fuelled by an ongoing shift in its business mix towards higher-growth analytics and decision tools that deliver greater value to customers.