Yahoo Finanza Best Cheap Stocks to Buy Now October 2021
Oftentimes, Big Money buying is institutional activity. We’ll go over what that looks like in a bit. But, the 5 stocks we see as undervalued candidates are AVTR, ENTG, CALX, AMD, & CTLT.
At my research firm MAPsignals, we believe that Big Money trading can alert you to the forward fundamental picture of a stock. We want the odds on our side when looking for the highest quality stocks.
Up first is Avantor, Inc. (AVTR), which is a fast-growing materials company.
The best candidates tend to have strong performance. Check out AVTR:
YTD performance (+42%)
Historical big money signals
Just to show you what our Big Money signal looks like, have a look at the top buy signals Avantor has made the past few years.
Blue bars are showing that AVTR was likely being bought by a Big Money player according to MAPsignals.
When you see a lot of them, I call it the stairway to heaven:
But, what about fundamentals? As you can see, Avantor looks strong under the hood:
Forward P/E = 30
3-year earnings growth rate (-5.5%)
Next up is Entegris, Inc. (ENTG), which is a leading semiconductor firm.
Check out these technicals for ENTG:
YTD performance (+30%)
Historical big money signals
Let’s look long-term. These are the top buy signals Entegris has made since 2015. Clearly the Big Money has been consistent for years:
Let’s look under the hood. As you can see, Entegris has grown earnings massively:
Forward P/E = 40
3-year earnings growth rate (+70%)
Another name to consider is Calix, Inc. (CALX), which is a cloud/software company.
Strong candidates for growth usually have big money buying the shares. Calix has that. Also, the stock has been a rocket:
YTD performance (+61%)
Recent Big Money signals
Below are the big money signals CALX has made since 2015. It’s only recently came on our radar:
Now let’s look under the hood. Calix’s earnings growth is impressive. I expect more growth in the coming years:
Forward P/E = 40
3-year earnings growth rate (+45%)
Number 4 on the list is Advanced Micro Devices, Inc. (AMD), which is a huge semiconductor firm.
Here are the technicals jumping out at me:
YTD performance (-7.5%)
Historical big money signals
Below are the big money signals for AMD since 2015:
Let’s look under the hood. AMD has been growing earnings nicely:
Forward P/E = 43
3-year earnings growth rate (+405%)
Our last cheap candidate is Catalent, Inc. (CTLT), which is a drug manufacturer.
Check out these technicals:
YTD performance (+27.8%)
Historical big money signals
Catalent has recently been showing up with top Big Money signals:
Now look at these juicy growth numbers:
Forward P/E = 39
3-year earnings growth rate (+80%)
The Bottom Line
AVTR, ENTG, CALX, AMD, & CTLT represent top cheap stocks for October 2021. Strong fundamentals and big money buy signals make these stocks worthy of extra attention.
To learn more about MAPsignals’ Big Money process please visit: www.mapsignals.com
Disclosure: the author holds long positions in ENTG in managed accounts and no positions in AVTR, CALX, AMD, & CTLT at the time of publication.
Investment Research Disclaimer
This article was originally posted on FX Empire
