The 3 Stocks to Buying in October 2018 are 3 popular stocks - and all 3 are presenting a good opportunity. These are the best 3 stocks to buy in October for an investment.
The first stock we're going to talk about is one that has kind of been forgotten about recently. It is a FANG stock, and it had an incredible run in the first half of 2018 - and no, we're not talking about FB. So it's funny to see how sentiment changes so quick in the market, and how a stock can go from going up 5% consistently, to dropping just as much and move sideways for a while. This stock is a victim of this - ever since the last earnings in July, the stock has been struggling. This was because of less than expected # of subs - which is the main metric when it comes to a subscription service stock like this. That being said, this stock is still chugging on full steam ahead, creating plenty of great content, and is still up big on the year. TipRanks Rating: https://goo.gl/7MNvw9
The second stock we're going to go over is a gaming company - NTDOY. It took 4 months - but we seemed to have bottomed out, and have now started moving higher. This is a stock that flies under the radar since other gaming companies like TTWO and ATVI steal the spotlight most of the time. But you have to remember that this stock has a strong brand and a strong lineup of games that are extremely popular - Pokemon, Zelda, and Mario namely. What I love about this stock is that they don't only make games - but they also make the console! And speaking of the console, the Switch has been the best selling console in Japan for the last 6 months with over 5 MILLION total units sold so far in Japan. For comparisons, the PS4 has sold 6.979 million units in Japan - 2M more than the Switch but it's been available 3 years longer. The reason this company caught my attention was because back in May, it sold off due to a "poor" gaming lineup for 2018 but the funny thing is, they didn't announce all of their games then so it was a big overreaction IMO. Even so, the games that they have lined up are expected to sell well - so I don't see an issue here on the fundamentals of this stock. TipRanks Rating: https://goo.gl/FB3Dep
Our 3rd pick for this video is a company that has had an extremely volatile September - in fact, it's been a volatile 2018 for it and that's mainly due to it's passionate CEO - Elon Musk.The whole situation with the Thailand cave rescuer, to the "Funding Secured" tweet, to him smoking the greens on a podcast. The funny thing is - this is all media related - except maybe the tweet could be argued otherwise, but these events cause huge moves in the stock - sometimes as much as 10%! I also like how relaxed Musk looks this month, doing interviews with Joe Rogan and MKBHD as well and this gives me the impression that things are running smoothly at the Gigafactory and numbers are on track or exceeding expectations. Because in previous months, Musk had no time for anything and spent most of his time at the factory - to meet numbers he promised. So again, food for though - maybe a relaxed Musk means things are going well for the company! The real reason we're watching this stock this month is because the Model 3 has been selling well, and the numbers are suppose to be out Oct 1st to see the September month sales. So as you can see in August, the Model 3 came in as the #5 best selling car in the US. However, when you look at Revenue, the Model 3 came in as #1 - by a big margin as well. This means that even with not as many units, this stock is pulling in a lot of money, and this money will help pay off their debt as they are expected to have a very high profit margin - some experts claim as much as 30% on each car sold. So this is all incredible news, and what investors will be watching for the September numbers is to see first of all if the Model 3 can move higher up the total sales rank and of course continue it's lead as #1 in revenue. TipRanks Rating: https://goo.gl/A1tfuz
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