7investing's Top Stock for October 2024!

10/01/24 • 10 min

Our newest stock recommendation is now live!

On the 1st of each month, 7investing issues its newest official recommendation. This is the one stock it feels most confident in adding to its scorecard (which we also track in real-time at 7investing.com/recommendations).

What led us to recommend this Large Cap, Moderate Risk, Retail company this month?

In today's episode, Simon describes 5 specific metrics that investors should consider when selecting stocks -- especially now that the Fed's cutting rates and we're in a more growth-friendly environment.

Our newest stock recommendation is now live!

What led us to recommend this Large Cap, Moderate Risk, Retail company this month?

Previous Episode

Booking Holdings is Printing Cash. And Sharing it with Investors.

Booking Holdings (Nasdaq: BKNG) is one of the most efficient publicly-traded companies in the world, converting 50% of its 2024 revenue into cold, hard cash flow.

Furthermore, it's using those operating cash flows in shareholder-friendly ways, such as repurchase large amounts of its stock and a newly-initiated dividend.

7investing CEO Simon Erickson takes a look at the company's second quarter results and discuss several initiatives that could be even better news for investors going forward.

To sign up free for 7investing and see our most recent five Best Buys for September, visit 7investing.com/subscribe

Next Episode

Why is Lululemon's Stock Selling in the Bargain Bin?

Lululemon (Nasdaq: LULU) has expanded from being a niche yoga retailer to an international fitness super-brand. New CEO Calvin McDonald has tripled its sales in five years and maintained its industry-leading 20% operating margin.

Yet recently, perhaps due to concerns of a slowdown in consumer spending or of rising competition, the stock has been selling for a dirt-cheap valuation. Now priced at just 15x its trailing cash flow, it could an inexpensive opportunity for opportunistic investors to consider.

Would you like to see our official Conviction Rating on Lululemon - meaning whether we think the stock is a "Strong Buy", "Buy", or "Hold"?

See all of 7investing's recommendations, conviction ratings, and premium coverage by getting started FOR FREE today at ⁠7investing.com/subscribe⁠.

Disclaimer: The 7investing podcast should not be considered personalized financial advise. Its host and guests may have positions in the stocks that are mentioned.