by Stephen Mack
October's sell-off has a lot of portfolios ready for rebuilding, and we've got a new list of the best stocks to buy in order to help you do just that.
You can also use these recommendation to shore up weak spots and maximize your future gains.
Don't miss these opportunities.
October was a rough month for investors. The giant technology stocks that led the way higher all last year took it on the chin and dragged the rest of the market down with them.
So, then what? Where can we take advantage of the global sell-off to buy quality companies at bargain prices?
The Dow Jones Industrial Average continued to ward off October's losses this morning as strong earnings results from General Motors (NYSE: GM) and Facebook (Nasdaq: FB) buoyed markets.
The Dow projected a 229-point gain on Wednesday, a morning after it surged more than 400 points.
Despite the gains, the S&P 500 is still down 7.9% in October, while the Dow is off 6%.
My publisher, Mike Ward, didn't hold back when I told him that it was time to buy Russian Internet stocks in late 2015, saying simply…
…"That's the gutsiest call I've ever heard."
Savvy investors who followed along had the opportunity to bank some serious gains with companies like Yandex N.V., which shot from a low of $10.57 on Sept. 25, 2015 to a high of $44.49 on Feb. 21, 2018. Or, on Mail.ru Group Ltd., which jumped from $16.88 on Sept. 8, 2015, to a high of $38.05 by Feb. 27 of this year.
In this second installment of Chris' FANG+ Index analysis using his Best in Breed system, he'll take a look at the remaining three stocks – Alibaba, Tesla, and Twitter – to determine which is the best (and worst) of the bunch.
After months of escalating trade fears, the White House has hit the brakes on imposing sanctions on Chinese imports, signaling a potential thaw in international trade relations.
According to U.S. Treasury Secretary Steve Mnuchin, recent trade talks with the nation's largest trading partner yielded significant progress.
"I think we've made meaningful progress," he said. "Now it's up to both of us to make sure that we can implement it."
Analysts recently estimated that China will become the world's largest economy by 2033, surpassing the United States for the first time.
These gains are the result of a perfect storm of new technology and a growing consumer base that is quickly adapting 21st-century tech in everyday life.
The top penny stock gainer of 2017 has skyrocketed 568.6% so far this year, delivering a handsome return to its investors.
That soaring stock is Marinus Pharmaceuticals Inc., and its story illustrates what's so attractive about penny stocks as investments.
But investors should remember that penny stocks are risky. While these stocks have huge profit potentials, they also tend to see big pullbacks after making large gains.
Among the top penny stocks to watch right now is a stock which has returned an impressive 360% so far this year and shows no sign of slowing.
This stock has climbed an astounding 360% year to date, to its current share price of $2.99.
But Money Morning Small-Cap Specialist Sid Riggs has an even better pick to lock in future gains...
by Alex McGuire
The top penny stocks to watch in October 2017 include the big gainers of September.
These include one company whose shares have rocketed 440.2% so far this month.
Here are the top 10 companies - plus, one of our newest small-cap recommendations...
