Are you someone who’s contemplating their investment options for this month? If yes, you’re not the only one. For those interested in identifying the 10 best stocks to buy for October 2021, here are the best-value, fastest-growing, and highest-momentum companies across different industries.
1 . Wonderfi Technologies, Inc. (WONDF)
At the top of the list comes, Wonderfi Technologies, Inc. (WONDF). This is a stock that everyone should keep an eye on. The company recently completed its Initial Public Offering (IPO), and our prediction is that this business will skyrocket. Its current price is just a taste of what we may expect. The stock has a potential value of at least 10x. We originally brought it to your attention on IPO day, and the stock is now trading about where it began that day. It made a great ascent, but has now dropped. This is the point where investors need to position themselves. You’ll want to keep this pick for a while.
2 . Pfizer, Inc. (PFE)
Pfizer (PFE) is a company that is the apple of every investor’s eye nowadays. This stock presents a huge growth potential, which is why it is placed 2nd in our list of 10 best stocks to buy for October 2021. If booster shots are approved anytime soon for 2022, Pfizer may earn $26 billion in 2022 just from them alone. That is a tremendous amount of money indeed. Pfizer seems to be a business whose revenue is increasing at a rapid pace. It pays a healthy dividend, too. We believe it is a must have for your watchlist. The stock has dropped from a record high of $51. However, with the price now at $43, the stock is expected to go much higher in the coming days.
3 . Suncor Energy, Inc. (SU)
It was imperative that we included an oil and gas play, which is why we have the Canadian integrated energy company based in Calgary, Alberta, Suncor Energy (SU) in at number 3. The price of oil has risen sharply. When the price of oil went zero some time back, we predicted that oil would make a spectacular comeback, returning to the $50/$60 range. Astonishingly enough, the price of a barrel has risen to above $70. Suncor has immense potential for growth, making it one of our favorite companies. It was simply dug out from the ground. It pays a respectable dividend of around 3%. We believe you can make significant gains with this stock. This company’s quarterly revenues should be exceptional, given the rising prices of crude oil. In the next earnings season, which is just a few weeks away, it will serve as a stimulus for the business. The stock truly has the potential to be a big hit.
4 . Planet 13 Holdings, Inc. (PLTH)
Planet 13 Holdings, Inc. (PLTH) seems to be a slam dunk, and has therefore made it in our compilation of 10 best stocks to buy for October 2021. With a float of approximately 100 million shares, the company’s revenue is increasing. The Safe Banking Act was approved in the United States. Currently at $4.60 in the US, the stock carries a tremendous upside. There is always a chance to make a multiple here with Planet 13. We were the first to bring Planet 13 to you. It climbed some time back. But it’s now come back down.
5 . Village Farms International, Inc. (VFF)
Cannabis stocks have been completely overlooked. Village Farms (VFF) is a great pick in this category. That company has got a tight float with only 80 million shares. American lawmakers recently approved the safe banking act. Under these circumstances, we expect cannabis stocks to soar. The peak buying season for cannabis stocks is around the corner. Currently at $8, the stock is trading near its 52-week low. The potential gains are enormous. And there’s every reason this could double up.
6 . Kinross Gold Corporation (KGC)
Kinross Gold Corporation (KGC) is a gold investment that stands 7th in our list of 10 best stocks to buy for October 2021. This gold and silver mining corporation located in Toronto, Ontario, Canada, has been around since 1993, and currently has seven operating mines. It is one of the top gold-mining companies at the moment. This is a stock that along with the rest in our list can make your October quite lucrative.
7 . Barrick Gold (GOLD)
As one of the world’s top two gold businesses, Barrick Gold (GOLD) comes 7th in our list. The price right now is around $18 in the US. The growth potential is enormous. If gold turns around, you need to start with Barrick Gold. The RSI has literally just come out of the bottom. The price is still quite cheap, making this a good time to purchase.
8 . Standard Lithium (SLI)
We picked Standard Lithium (SLI) when it was about a $1 and it is now worth $8.21 in the United States, compared to $11 in Canada. Lithium is critical for electric cars right now. This is a stock which has deservedly made its way into our list of 10 best stocks to buy for October 2021, and is one that you need to add to your watchlist. It’s been a big winner and could continue to grow.
9 . Uranium Royalty Corp (UROY)
There is no better moment to start thinking about getting into miners than now. Uranium Royalty Corp (UROY) has been having a terrific time lately and that’s why it is ranked 9th in our list of 10 best stocks to buy for October 2021. Miners are often largely overlooked by the public. However, a mining stock like UROY, which has just made a strong rise should be on the radar of investors everywhere.
10 . Lucid Motors (LCID)
Everything under $20 is a great bargain. And Lucid Motors (LCID) is as high as $60. It has been trading around the $18 mark for some time now. Lately, however, it has made a significant climb. And we reckon this upward trend is more than likely to continue. According to CNBC, Lucid Motors may be the “Ferrari of electric car stocks” someday. Such is the growth potential of this stock.
So those were your 10 best stocks to buy for 2021. Don’t forget to track these symbols using our watchlist. We also encourage you to subscribe to our Youtube channel to get the latest videos from the world of stock and cryptocurrency trading.