4 Top Stocks to Buy in October The Motley Fool

As of this month, the company has 43 programs under development, including 5 in phase 3 trials. It expects four of these products to launch by 2025, and up to 15 to potentially launch within the next five years. Thanks to its strategic partnership with Galapagos, Gilead is poised to make its mark in immunology. The company awaits U.S. and European regulatory approvals for filgotinib in treating rheumatoid arthritis. Certainly, those who heeded the Oracle of Omaha’s words – and picked the right names – enjoyed substantial profitability. However, those who are reading between the lines may want to at least consider a different approach for their future stocks to buy.

For the foreseeable future, just about any degree of risk will be significantly magnified, particularly when it comes to buying individual equities. You can even that out by investing your money in the entire market vodafone share price forecast – think the Russell 3000 – and letting the chips fall on specific companies where they may. Retail investors looking to grow their money during the current market can mitigate risk by focusing on funds.

  • The company expects to report significant revenue for the year.
  • “We believe that most technology investors should own NVDA in the age of deep learning, AI, and GPU-driven applications acceleration.”
  • But, what happens when you’re trying to figure out where to put your money during COVID-19?
  • The coronavirus vaccine will primarily drive BioNTech’s fortunes in the coming years, with its revenues correlated to the frequency of vaccine booster doses.

Please check the Centers for Disease Control and Prevention for the most updated recommendations. Other digital content providers have experienced an uptick in stock value as well. For example, Roku (ROKU), which produces a line of digital media players, has held strong despite a temporary dip in stock value after some advertisers canceled contracts in light of the coronavirus.

Online Retail (AMZN)

It’s been a year since the stock market took its Covid-19 tumble. From Feb. 19 to March 20, 2020—a span of 22 trading days—the S&P 500 fell 30%, the fastest decline ever. We saw a spike in the use of telehealth services during the initial COVID-19 waves in 2020.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Secondly, the spoils of the energy transition and tech revolution do not go to those companies grabbing the headlines. It is suppliers of raw materials like Freeport-McMoRan or chips like NVIDIA who dominate the list. In fact, more than half of the top 10 performers 3 best forex liquidity providers 2022 fall into this category. However, Vertex’s programs in other indications are what should really fire up investors. The gene therapy exa-cel seems to be headed toward U.S. approval as a treatment for sickle cell disease and transfusion-dependent beta-thalassemia.

Thirty-nine analysts have PYPL among their buy-worthy coronavirus stocks, while just six say Hold and a lone pro says Sell. Intel’s stock price declined over the past two years as the company failed to innovate for the new growth markets. The company’s four marketed products are the only game in town for cystic fibrosis patients. No other therapies have been approved for treating the underlying cause of the rare genetic disease. Enterprise Products Partners (EPD -0.18%) stock recently hit a 52-week high.

  • Hundreds of millions of people have turned to Zoom’s cloud-based video, voice, and chat tools to stay in contact with colleagues, teachers, friends, and family during the health crisis.
  • U.S. daily coronavirus caseloads are regularly breaking records, and recently have jumped well above the 100,000 mark.
  • If you believe that the reopening economy will result in more credit and debit card transactions, Visa should be in your list of names to consider.
  • Like digital content, Americans are also spending a lot more of their time playing video games while stuck at home.
  • For most people, buying a home is the single biggest investment they’ll make.

You’d probably have missed out on at least some of the recovery gains in the process. If you’d stayed steady, though, you’d have effortlessly benefited from all of the return. “If you aren’t willing to own a stock for 10 years, don’t even think about owning it for 10 minutes,” wrote legendary investor Warren Buffett in his famous 1996 letter to Berkshire Hathaway shareholders. This entails seeing a company through rough times in the short term with your eye on the long term. There’s a lot to learn from the events of the past 12 months.

Teladoc Health

The coronavirus vaccine will primarily drive BioNTech’s fortunes in the coming years, with its revenues correlated to the frequency of vaccine booster doses. Aside from the COVID-19 vaccine, the company’s lead drug candidate is an experimental mRNA therapy targeting melanoma and other solid tumors. BioNTech’s drug pipeline also includes multiple early-stage candidates targeting various types of cancer.

Zoom Video Communications

As long as you use what you buy, you’ll get a serious return on investment. You may even snag some ridiculously low end-of-year deals on retiring apparel and equipment models, allowing you to stretch investing vs speculation your budget more. The information in this story is what was known or available as of press time, but it’s possible guidance around COVID-19 could change as scientists discover more about the virus.

The 25 Best Stocks Since the COVID Bear Market Bottom

However, this move will leave J&J with its two fastest-growing segments, pharmaceutical and medical devices. Regarding Moderna’s pipeline, the company is evaluating its cytomegalovirus (CMV) vaccine candidate in late-stage testing. Moderna also has 15 other candidates in clinical trials and plans to heavily invest in expanding its pipeline. Alex Carchidi has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Get this delivered to your inbox, and more info about our products and services.

That level seems quite attainable to me, considering the company’s solid current lineup and promising pipeline. With Lilly’s dividend yield of 1.8% included, I think the pharma stock should easily outperform the overall market’s total returns over the long run. This has fueled explosive growth at brokerage firms such as Robinhood Markets Inc. (HOOD) and has encouraged, among others, payments processor Square Inc. (SQ) to enter this booming industry. Digital payments platform PayPal Holdings Inc. (PYPL) also has created a stir with its progress toward offering brokerage services. Marriott International is another play on a global explosion of travel as the coronavirus recedes.

#10 Advanced Micro Devices—stock price increase by 172%

Sure, vaccines are now widely available in the U.S., Canada, and Europe. However, that isn’t the case in some other parts of the world, and the emergence of new coronavirus variants could fuel demand for vaccines for a long time to come. Regeneron’s profit margin is already established — and it’s positive. Nonetheless, next year, all eyes will be on the efficiency of its monoclonal antibody therapy manufacturing operations.

But the performance of AKAM shares – up 19% year-to-date – has put it on a first-name basis with many investors in the know. Although the WHO later clarified its comments, the damage was already done. Cash quickly became persona non grata at many stores and restaurants. Besides, a shift to online shopping and food delivery services meant cash couldn’t be used for most transactions anyway.

Tips for Investing During the Time of Coronavirus

Moderna’s COVID-19 vaccine supported the company’s claim that the manipulation of mRNA molecules will provide a platform for new treatments. With several vaccines in the pipeline there is reason to be optimistic. The invitation to join the Operation Warp Speed further suggests that Moderna can work well with US government—a critical factor in a politically sensitive industry.

Tech has gotten a serious boost with the pandemic, and innovation seems to be the name of the game for entrepreneurs. Or you might even want to poke around crowdfunding sites to explore novel inventions to support. It’s important to consider what will happen when lockdown orders are lifted.

Leave a Reply