Monthly Picks – October
Monthly Picks – October
We bring you again an overview of stocks with the highest growth potential during this month. The stocks have been evaluated according to more than 2200 different indicators rated in our model. Thanks to our analytical work, we can evaluate these companies, compare them with each other, and bring you great investment opportunities. We also add an up-to-date article about each company with information about their financial results. We bring you again an overview of stocks with the highest growth potential during this month. The stocks have been evaluated according to more than 2200 different indicators rated in our model. Thanks to our analytical work, we can evaluate these companies, compare them with each other, and bring you great investment opportunities in our newsletter. We also add an up-to-date article about each company with information about their financial results.
Among the stocks that have high potential to grow in October are:
Ford (F) ranked 8th on our list
Ford, the 50 billion dollars automotive titan that produces the current best-selling car in the US.
The company is ranked 1st, thanks to a combination of various indicators’ performance, such as; PTBV in the last 252 days, Dividend Per Share indicator, Momentum indicator in the last 252 days, and lastly, an increase in its profits.
Price to tangible book value (PTBV) compares the company’s market capitalization to all of its assets minus intangible assets (intellectual property, goodwill) and liabilities. Stocks with a lower PTBV ratio are viewed as better buying opportunities than those with a high PTBV. This indicator currently has the highest weight in our model among all the indicators. DPS is the amount of all distributed dividends divided by the number of outstanding shares. Momentum measures the speed at which a stock’s price changes. High positive momentum indicates a great chance that a stock’s price will continue in its upward trend.
Read the article: Ford stock rises on Q3 car sales, EV deliveries (yahoo.com)
Qualcomm (QCOM)ranked 6th on our list
Qualcomm is the second biggest semiconductor producer in the world, with an enormous $140 billion market capitalization.
It was placed high in our ranking mainly thanks to the PTBV and Autocorrelation indicators.
Price to tangible book value (PTBV) compares the company’s market capitalization to all of its assets minus intangible assets (intellectual property, goodwill) and liabilities. Measures how much are the historical prices correlated with the current prices to predict future price movements.
Read the article: Long-Term Stock Portfolio: 11 Tech Stocks To Consider (yahoo.com)
US Bancorp (USB)ranked 13th on our list
One of the oldest and biggest banks in the United States, with around $60 billion market capitalization.
It showed a strong bullish signal in our model’s PTBV and SUV Coefficient indicators.
Price to tangible book value (PTBV) compares the company’s market capitalization to all of its assets minus intangible assets (intellectual property, goodwill) and liabilities. SUV Coefficient is an indicator of the volume that uses an array of numbers to explain the activity at a specific stock.
Read the article: 3 Warren Buffett Stocks to Buy Hand Over Fist in October (yahoo.com)