Top U.S. Stocks to Buy in October
October is more than halfway over, but there's still time for Canadian investors to snap up some top-notch U.S. stocks.
For those wanting to bet on artificial intelligence (AI), Intel (NASDAQ: INTC) and International Business Machines (NYSE: IBM) fit the bill. For consumer goods stocks that offer long-term potential, Nike (NYSE: NKE) and Walmart (NYSE: WMT) are great choices. And for something different, Reddit (NYSE: RDDT) looks interesting for investors with more appetite for risk.
Intel's turnaround is still a work in progress, but a series of deals and developments have pushed the stock up about 90% so far this year. CEO Lip-Bu Tan, who took over in March, has been slashing costs and refocusing the company on its best opportunities.
These five stocks stand out in a booming market.
Author's summary: Top US stocks for October.