3 Best Hot Stocks to Buy in October
It has been a rough past few weeks for the market. Despite a handful of firmly bullish days, the S&P 500 is currently sitting 14% below its August peak, and is still down more than 21% year to date. Most stocks are similarly in the red for both time frames.
Not every stock has fallen, though. A handful of surprising names have resisted the bigger bearish tide to make measurable -- if choppy -- forward progress. These companies merit a closer look simply because they've already proven their resilience in a lousy market environment. Here's a closer look at three of your best bets.
Soaring inflation is a challenge for most food companies, and Cal-Maine Foods (NASDAQ: CALM) -- the biggest egg distributor in the U.S. -- isn't an exception to this dynamic. However, the company is shrugging off this headwind better than most.
Source Fool.com
