StockTwits October 2017 Power Rankings: 10 Stocks You Have To Watch
Here are the stocks you need to know about this month.
Welcome to the month of October where Mark Twain once said:
“October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February.”
In this month’s power rankings, we look at some of the best-performing and most-talked about stocks related to space, lithium, and hurricanes. As always, if you don’t know what the Power Rankings are, go here and read our quick guide to understanding this post. Otherwise, if you’re ready, let’s start the countdown right now.
10. Micron ($MU) +23% in September 🆕
Semiconductor stocks have been a major theme all year. The rise of AI, VR, and autonomous vehicles has investors looking at computer chips and circuitry. NVIDIA has been a big winner, but if you dig deeper you’ll find a community of investors following Micron, which spiked on the back of positive earnings. Shares are now trading above their 2015 all-time highs.
9. YY Inc. ($YY) +16.14% in September 🆕
YY is sometimes described as a Skype-meets-YouTube-meets-Zynga platform. That sounds pretty wild. The company is based in China and it has an emerging audience. If you read any previous power rankings, you’ll know Chinese tech stocks have been booming all year. This is YY’s first entry on the StockTwits Power Rankings.
8. Lockheed Martin ($LMT) 1.60% in September 🆕
There’s a record amount of M&A activity happening in the space and aero defense sector. Lockheed Martin just released a new spacecraft prototype that will be a single-stage, completely reusable lander that can go to Mars and back (see the picture below). While Lockheed Martin was up only 1.6% for the month, the big picture is what stands out. This is one of the world’s biggest defense companies. It’s up 25% this year and hitting all-time highs as we type.
7. Restoration Hardware ($RH) +50.35% in Sept 🆕
After months of complete chaos in the retail sector, a rebound may finally be in order. Amazon scared retail investors everywhere from Bed, Bath & Beyond to Macy’s. Can any retail company survive in the presence of Amazon? Restoration Hardware thinks it can. It was up 50% last month after they beat earnings on EPS of 65 cents.
6. Albemarle ($ALB) +17.25% in September 🆕
The lithium trade is here. Why is lithium becoming a popular trade? Because more lithium will be required as batteries improve and electric battery storage increases in popularity. One lithium stock is Albemarle Corporation. They’re a leading chemical company that makes lithium and its stock has nearly gone parabolic.
5.Alibaba ($BABA) +.59% In September 👎 -3
Alibaba barely moved during the month of September, but it still managed to stay on the Power Rankings list. Its importance as a barometer for China and Chinese tech can’t be ignored. While the stock did have a slow month, it might be setting up for another monster run. They recently pulled a page out of the Amazon playbook acquiring a 10% stake in a Chinese supermarket. Maybe that’s why Ma is dancing like Michael Jackson?
4.Thor Industries ($THO) +15.9% In September 🆕
We never thought a stock like this would make the list. Meet Thor Industries, a company that makes RVs. It’s having a monster year and just had a great month climbing to new all-time highs. Thor hits this month’s Power Rankings because… yes, RV stocks are actually ripping right now.
3. AeroVironment, Inc ($AVAV) +10.4% In Sept 👍+4
AeroVironment is back on the Power Rankings for a second straight month. But this time it’s moved up the rankings 4 spots. Not only did it hit more all-time highs, but it’s now up 104% this year. They make drones and military robotics.
2. Generac Holdings ($GNRC) +13.74% In Sept 🆕
Two of the biggest hurricanes in recent memory happened in September. Hurricane Harvey and Hurricane Irma hit Texas, Florida, Puerto Rico, and several other areas. Traders and investors were sending their thoughts and support wherever they could. The markets also reacted and one stock was Generac Holdings, which climbed 13% over the month. They make water pumps and power generators. Look how many power outages there were at one point in Florida:
1. Home Depot ($HD) +9.13% In September 🆕
Home Depot is at all-time highs and it continues to be one of the best-performing stocks over the last decade. It has also cemented itself as the leader in construction, renovation, and even disaster relief. After both Irma and Harvey hit, people were rushing to their local Home Depot for supplies and products. Screenshots like this were being shared all month:
WHAT STOCKS WERE CUT FROM THE LIST LAST MONTH?
$SNAP, $AAPL, $WTW, $WB, $JUNO, $GILD, $GLD, $BTC.X
WHAT STOCKS ALMOST MADE THIS MONTH’S LIST?
WHAT’S WRONG WITH THIS MONTH’S LIST?
Don’t forget to tell us in the comments below if you agree or disagree with our rankings. Who do you think will make the August list? What stock needs to get removed? A great call might just get you some free swag from our StockTwits Store!
WHAT TO WATCH NEXT!
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The Power Rankings are curated by Stefan Cheplick (follow him on StockTwits) and Michael Bozzello (follow him on StockTwits).
