Best Stock Picks

Best Stocks to Buy Right Now

There’s no time like the present to find the right stocks to buy. The S&P and NASDAQ are up today again and it may be a sign of confidence in the economy. Today’s top performers have software, services, and even marketing software seeing big price gains.

If you’re confused about which stocks to buy as inflation jumps, interest rates head up, bond yields rise, stimulus deal uncertainty, dollar printing goes further out of hand, oil prices rocket, supply chains fail, and the global economy begins to recover, you’re not alone. Stock market volatility shows most investors aren’t sure.

You’ll need to buy winners not etfs, mutual funds, or FAANGs because they won’t have the upside you’re needing now. More investors will pour money into the most winning stocks, thus pushing their price upward.

Check out some of the best in the stock market forecast, stocks that look good for 5 years. Oil stocks and crypto stocks are hot.

See the list of best stocks to buy below and keep your eye on the 3 month, 6 month, 5 year and 10 year market forecasts. There is no forecast that has 100% winner predictions. The way ahead is volatile and you’ll need more insight.

This first chart shows how well some stocks have performed. If you’d bought these stocks you would have been very pleased. Some of them may not be done. Look at how long they’ve been growing.

Best stock performance. Screenshot courtesy of Barchart.com

And here are Barchart’s latest top performing, recommended stocks to buy:

Top recommended stocks to buy. Screenshot courtesy of Barchart.com

Should you Wait a Bit?

Should you be glued to this week’s forecast, or look down the road at the 3 month forecast or 6 month forecast to capture the cream of the crop and then safely exit? Or how about stocks that will perform over the next 5 years or 10 year long term?

If you’re looking for hot stocks right now, we’ve got a collection recommended by the experts below. These are the stocks with the best value, momentum and growth in October.

Keep in mind, several significant stock market economists, stock brokerages, and commentators believe we’re about to be hit by as much as a 20% market correction. It might be wise to do your research and maybe wait until the dust settles from this fall event.

Among these stocks listed as best stocks to buy right now, are many you have likely never heard of. Do your research with trusted sources before parking your 401k money in them. You can check out each stock individually on Google Finance or Yahoo Finance, The Fool, Benzinga, Trading View, and other stock brokerage websites.

You may be looking for justification to invest in Apple, Google, Facebook, Microsoft, Amazon, or Netflix known as the FAANG stocks. They haven’t been performing well of late, but they and some of the stocks listed below are the safe ones. If you’ve got some extra room in your portfolio, you may want to check the Bitcoin price forecast post and learn more about cryptocurrency. With the US dollar expected to plummet in value, Bitcoin could become the global currency. That’s why so many are buying Bitcoin.

Also Merck Laboratories have just announced trials of a Covid 19 treatment pill. Some are saying this drug will become the most profitable drug ever since it dramatically lowers the incidence of hospitalizations of those recently infected with Covid 19. That would save a lot of money for insurers and governments alike, and ease up on the medical care system.

 

Investopedia’s advisory team believe these are your best bets:

  1. UWM Holdings
  2. Qurate Retail Inc
  3. Sage Therapeutics
  4. Athene Holdings
  5. Annaly Capital Management

 

Moneycrashers gives the green light to these stock picks:

  1. Amazon
  2. Apple
  3. Upwork
  4. Gevo
  5. Walt Disney
  6. Netflix
  7. Nvidia
  8. United Airlines
  9. Bio Rad Labs

US News offers their top stocks to buy now:

1. Ford Motor Co. (ticker: F)
2. Stitch Fix Inc. (SFIX)
3. Amazon.com Inc. (AMZN)
4. Lennar Corp. (LEN)
5. Berkshire Hathaway Inc. (BRK.A, BRK.B)

Fortune Builders chimes in with their best stocks to buy:

1. Facebook, Inc. (NASDAQ: FB)
2. Snowflake Inc. (NYSE: SNOW)
3. Lemonade, Inc. (NYSE: LMND)
4. The Walt Disney Company (NYSE: DIS)
5. Pinterest, Inc. (NYSE: PINS)
6. NVIDIA Corporation (NASDAQ: NVDA)
7. Zoom Video Communications, Inc. (NASDAQ: ZM)
8. CrowdStrike Holdings, Inc. (NASDAQ: CRWD)
9. The Trade Desk, Inc. (NASDAQ: TTD)
10. Advanced Micro Devices, Inc. (NASDAQ: AMD)

Benzinga’s top stocks to buy are:

  1. USWS
  2. BMRA
  3. AVIR
  4. CDXS
  5. PROG
  6. Zom
  7. PALT
  8. PETZ
  9. NEO
  10. ITRM
  11. BTCS
  12. BITF
  13. EBET
  14. SPWR

Money Morning as their 7 best stocks to own:

  1. Shopify
  2. ADBE
  3. Solar Edge Technologies
  4. Constellation Brands
  5. Microsoft
  6. Blackrock
  7. Apple

If you believe in AI stocks, Kiplinger has their top stocks selected via AI:

  1. Dollar Tree
  2. PulteGroup
  3. Lear Group
  4. Gap
  5. Kar Auctions Services
  6. Foot Locker
  7. Herbalife
  8. Reinsurance Group of America
  9. Unum Group
  10. Kemper Auto Insurance

With the S&P and NASDAQ continuing to explore new record heights, is big tech really where you want to be? Sure Tesla is hot and 5G is being pursued by big telecom.  Good long term bets.

Gold stocks are finally climbing and look interesting, oil looks to be on a steady rise, and small-town real estate and new construction housing stocks should be okay too. And 5G stocks are beginning to look too irresistible for investors to avoid. Jump on 5G now.  The Xmas 5G smartphone frenzy will only help. Don’t worry, the health sector is just as excited about 5G as anyone.

Stock Market Sectors

Keep an eye on the hottest sectors.  Health, consumer discretionary, and industrial stocks are moving which is a good sign for the post-pandemic economy.

Top Sectors. Screenshot courtesy of CNBC.

Top Gaining Stocks Today

Some interesting best-performing stocks to investigate for your 2021 stock portfolio. Here’s the best performers as we head into October.

Top Performing Stocks today October 1, 2021. Screenshot courtesy of Yahoo

A large number of health stocks are rising to the top as the Corona Virus commands the world’s bank account and interest mounts in the vaccine stocks. The Tesla’s stock price keeps rising too even long after the announced 5 for 1 stock split. You should investigate Tesla corporation a little more closely because its EV, battery and solar shingle businesses could offer the safest and best long term growth.

Okay Jobs Report

The latest US jobs report and economic indicators show the economy is on the rebound. Certain sectors are getting left behind, although they seem to be fighting hard to keep it alive.

Best Long Term Investment: 5G

The very best may be 5G and vaccine stocks for 2021 and 2022.

5G is a revolutionary development in communications opening up new opportunities for US tech companies in everything from AI to gaming and entertainment.  New microchips will need to utilize the big bandwidth and speed of 5G technology. Certainly, the work remote or work at home crowd will love what 5G gives them.

US gaming technology providers will benefit greatly from faster speeds. Learn more on the 5G forecast page.

The coming return of jobs and investment from China, and tariff protection against China theft and predation is the a big part of this recovery too. If the President can eliminate the trade deficit, it provides another half a trillion dollars to the US economy each year.

What’s Hot on the Dow Jones, NASDAQ, S&P and Russell Indexes

Stock prices on the Dow Jones, NASDAQ, S&P, Russell, TSX and overseas stocks markets have been recovering well. Last week was outstanding for all the indexes. Even Asian markets are anticipating a return to exporting to the US in big volumes.

This event was the big shakeout for the stock market in 2020 leading to a stock market recovery in 2021.  You should be looking for the best stocks to buy while prices are low. But this recovery might be volatile and prolonged, so you’ll have plenty of time to pick the stocks you want.  Begin with a good overall stock market forecast.

The best stock picks for 2021 may be those that have plummeted in this past mini-recession.  It’s time to review airlines, theme parks, entertainment, and hotels. This is as cheap as they’ll be bought.

Certainly liquor stores, grocery stores and big box stores such as Costco and Walmart are doing okay. But they won’t accelerate when everyone goes back to work and the economy returns.

Should I Buy Stocks that Have Plunged the most in the last Few Weeks?

Should you buy stocks on the Dow Jones or NASDAQ or the Russell Index?  Not oil stocks.  In the summer we discussed possibility of oil stocks when oil was priced around $46 a barrel. It’s hit $76 in September and with continued supply problems, and an OPEC meeting on Monday, it’s likely prices will rise.

2022 is Not Far Away

Find your list of stocks to buy via the list of big loser and big gainer stocks on the stock market forecast page, and in the 2022 Stock Predictions page.  A lot of investors are sitting on a lot of cash, while others are panicking and dumping stocks.  Check out the reopening stocks, and focus on stocks that will be part of the post pandemic winners benefiting from the post pandemic boom in 2022.

Whether the stay at home revolution continues or ends, Americans will need still need transportation, clothing, shoes, hair cuts, entertainment, and as well, US vacations through the summer.  They’ll be taking vacations but not overseas. They’ve already been staycationing right here in America! Hotels, campgrounds, and restaurants will pick up nicely.

Bar Charts Top Gainers

Top gaining stocks last month. Screenshot courtesy of Barchart.com

Take a Good look at these best picks, more for 5 year long term value.

Good luck researching and picking the best stock picks for 2022. Should be an interesting year for the S&P, NASDAQ and DJIA.  Like real estate? Low mortgage rates and growing demand for homes should begin a big resurgence in the housing market.  Builders such as Toll Brothers,  DR Horton and others may post good sales in 2020.

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the above post includes opinions of the author and do not connote buy recommendations of any kind regarding stocks to invest in. The material is provided as information only. Please choose stocks cautiously after thoroughly reviewing the market and the company involved. Consider a qualified financial investment advisor to help you with your social directed stock investing strategy.