Best Stocks to Buy Now October 2021
The hard part is finding them.
At MAPsignals, that’s where we focus.
And this month we look at my best stocks to buy now for October 2021. Keep in mind, I like to use a lot of data in my process and this isn’t personalized advice.
For MAPsignals, we focus on Big Money buying the best stocks. We find that oftentimes how a stock trades can alert you to the forward fundamental picture more than just looking at a company’s financials. I like the odds in my favor when looking for the highest quality stocks.
Up first is Analog Devices, Inc. (ADI), which is a leading semiconductor company. They have been trucking higher for years.
When we decide on the strongest candidate for long-term growth, we consider many fundamental and technical considerations.
Here we see good 3-year sales and earnings growth. Just for fun, juice is good, so-so is ok, and not ideal is underwhelming:
To see if Big Money is plowing in, we can look at the times when ADI was a top ranked stock. Below are all the top buy signals ADI has made the past few years. Blue bars are showing that Analog Devices was likely being bought by a Big Money player according to MAPsignals.
When we see a lot of blue signals, we call it the stairway to heaven:
Next up is Celsius Holdings, Inc. (CELH), which is a leading energy drink maker.
Let’s take a peek under the hood:
The stock has been a rocket. These are the top buy signals CELH has made since 2020. Clearly the Big Money has been into it:
Another growth name to consider is Lululemon Athletica, Inc. (LULU). They are a leader in athletic wear.
Looking at the fundamental picture we see a strong sales and 3-year earnings growth and a chunky profit margin:
Below are the big money signals Lululemon has made since 2015. This stock has been a magnet for Big Money. Recently they had an awesome earnings report:
Number 4 on the list is IHS Markit Ltd. (INFO), which is a leading analytics firm.
Check out the fundamental picture. For HIS Markit we see lots of earnings growth:
Below are the big money signals that INFO has made since 2015. That’s a beauty!
Our last growth powerhouse is Crocs, Inc (CROX), which makes iconic clogs.
This company boasts double-digit 1 and 3-year sales growth. A gross profit margin of 53% is awesome.
Below are the big money signals Crocs has made since 2015. You can see how powerful the performance has been:
The Bottom Line
ADI, CELH, LULU, INFO, & CROX represent my best stocks to buy now for October 2021. Given the strong historical revenue & earnings growth, and multiple big money buy signals, these stocks could be worth extra attention.
To learn more about MAPsignals’ Big Money process please visit: www.mapsignals.com
Disclosure: the author holds long positions in ADI & LULU in managed accounts. He holds no positions in CELH, INFO, or CROX at the time of publication.