Stocks to buy
Experts of investment companies say: the fall of the stock market opens the most profitable stocks to buy.
AMD a stock to buy in any stock market downturn
Advanced Micro Devices (AMD) stock fell 8% in September, but has already made up for that loss by half in October, up 16.2% since the beginning of the month.
AMD stock is now one of the most attractive in the semiconductor industry, as the company demonstrates steady growth in profits and sales, regularly exceeding market analysts' forecasts.
Shares of cloud internet services company Cloudflare (NET) experienced a drop of just 6 days in September, losing 18% in the process.
That drop was followed by a strong 37% gain (from 10/1 to 10/17/2021), with Cloudflare stock rising without a pullback for 2 consecutive weeks.
Since the beginning of 2021, Cloudflare stock is up 135%.
Upstart stock has grown an incredible 670% since the beginning of 2021, and its market capitalization has reached $25.3 billion.
Analysts at investment bank Jefferies predict that Upstart will capture a 40% share of the U.S. personal loan market and a 7% share of the auto loan market.
Shares of Tesla (TSLA) surpassed $1,000 this week, and the company was valued by the market at $1 trillion.
Tesla has traditionally received cautious valuations from skeptical analysts, but most of them raised their target price for Tesla stock in October after posting record quarterly earnings.
Alphabet's stock jumped nearly 5% Wednesday after the digital advertising giant reported Q3 revenue and earnings above market analysts' estimates.
Fifteen Wall Street analysts raised their price targets on Alphabet stock, even though it is already up 66.85% YTD and 82.9% in the past 12 months, the most among FAANG stocks (Facebook, Apple, Amazon, Netflix, Google).
After a short-term decline in September, Netflix stock is up 13.5% over the past month.
Although Netflix's earnings are volatile from quarter to quarter, because they depend on the cost of making movies and TV series and their success, the company's revenues have been growing for the past 17 quarters in a row.
The IPO of 2021 fintech company Affirm Holdings (AFRM) was a success, with shares soaring 98% on the first day of trading on Nasdaq on Jan. 13. After that, however, the stock lost nearly 70% of its value.
Seven analysts at investment firms raised their target prices for the financial-tech company's stock.