Wondering which stocks to invest in this October? According to the following five-star Wall Street analysts, the stocks listed below are worth buying and are expected to see solid upside potential from current levels. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
IMAX (IMAX) Stock – IMAX specializes in immersive movie experiences and large-format cinema technology used in theaters worldwide. Analyst Steven Cahall from Wells Fargo reiterated his Buy rating on the stock and raised the price target from $34 to $40 per share. This equates to an upside of more than 26% from current levels.
Magnite (MGNI) Stock – Magnite operates a leading independent sell-side advertising platform that helps publishers monetize digital ad inventory. Analyst Omar Dessouky from Bank of America reiterated his Buy rating and maintained a price target of $25 per share. This equates to an upside of more than 23% from current levels.
Newmont (NEM) Stock – Newmont is one of the world’s largest gold mining companies, with operations across multiple continents. Analyst Carey MacRury from Canaccord Genuity reiterated a Buy rating on the stock but raised the price target from $86 to $115 per share. This equates to an upside of almost 36% from current levels.
To see the full list of recently rated stocks, visit TipRanks’ Daily Stock Ratings & Price Targets tool.