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.