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Monday, September 30, 2013

Stocks to Buy October 2013 - Stock Picks

Stocks to Buy - October 2013 - These are some stock trading ideas for October.  If you are looking for more stock tips and alerts, check out my trading service - Stock Picks Group.

Right now in the stock picks group we are watching a lot of different stocks.  With earnings season just two weeks away and the IPO market heating up, things are going to get crazy soon.

PotBelly (PBPB) - The PBPB IPO could come under the radar this week.  We will be looking to buy this stock either October 3, 2013 or October 4, 2013 when it opens for trading.

Yum Brands (YUM) - YUM officially kicks off earnings season on October 8, 2013.  If YUM reports an earnings beat and raises guidance, we will be looking to buy for an October 9th rally.  Only buy YUM if they beat and raise guidance.

Rocket Fuel (FUEL) - This recent IPO has dropped from $64 down to $51 on Friday.  FUEL is a strong buy in October 2013 below $50.  Sell into a rally for a 5-10% gain.

Yelp (YELP) - YELP is expected to report strong earnings during the end of October.  A drop below $60 at any point in time is a strong buy.  I have a $105 price target for YELP in 2014.

Other Stocks to Buy October 2013

SolarCity (SCTY) - Below $32
Apple (AAPL) - Below $440
Restoration Hardware (RH) - Below $63
Noodles & Company (NDLS) - Below $43

This article should keep you busy for awhile!  Check out my stock picks for 2014 - Top Stocks 2014 - Penny Stocks for 2014 - Top Stock Gainers 2013