5 Top Stocks for October
The kids are back in school, every store smells of pumpkin spice, and the neighbors are putting up Halloween decorations already. October is here, kicking off the fourth quarter of 2023.
The stock market has repaired most of the damage from an inflation-burdened 2022, with double-digit gains in the S 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) market indices. But it hasn't been a smooth ride. The industry giants of the Dow Jones Industrial Average (DJINDICES: ^DJI) index have traded largely sideways this year, and all major index values are down by more than 5% over the past two months.
There must be many hidden gems tucked away in this bumpy market. So we asked a few of The Motley Fool's top analysts to share their best investment ideas for early October. They came back with consumer-goods giants, energy stocks, biotech experts, media leaders, and financial-service veterans. Read on for the full scoop on these five fantastic buys.
Source Fool.com
