Investing

10 S&P 500 Stocks Come Roaring Out of October

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With October is coming to a close, the Dow Jones industrial average and the S&P 500 have been devastated, and the selling pressure of October has rattled some of the largest bulls on Wall Street. It’s important to note that this current bull market is nearing a decade long, and this selling could continue.

A Finviz review on Tuesday revealed that 200 members of the S&P 500 are still positive in 2018. This number shrinks when we look at the month of October, in which only 78 members of the S&P 500 are positive for the month.

It’s worth pointing out that the S&P 500 and Dow industrials are down 9.6% and 8.6% from their respective 52-week and all-time highs. On a year-to-date basis, the S&P 500 and Dow are down 1.1% and 1.2%, respectively.

While the broad markets are relatively flat for the year after a devastating October, here 24/7 Wall St. has included the top 10 stocks in the S&P 500 that have weathered this storm. Although some of these stocks have seen losses in October they still have the best performances year to date.

Separately, 24/7 Wall St. has compiled a list of 25 great stocks that could be complete steals at their prices right now. These are stocks have been loved by investors during the major bull market but now have sold off 20% or more.

Fossil Group Inc. (NASDAQ: FOSL) shares were last seen trading at $22.87, in a 52-week range of $5.50 to $32.17. The stock has a consensus analyst price target of $20.20. So far in 2018, Fossil shares are up about 180%. Its market cap is $1 billion.

Abiomed Inc. (NASDAQ: ABMD) shares traded at $322.11, in a 52-week range of $180.12 to $459.75. The consensus price target is $455.67. Abiomed shares are up about 71% year to date. Its market cap is $15 billion.

Advance Auto Parts Inc. (NYSE: AAP) traded at $163.36 a share. The 52-week range is $78.81 to $171.50, and the consensus price target is $170.94. So far in 2018, Advance Auto Parts shares are up about 65%. The market cap is $12 billion.

Chipotle Mexican Grill Inc. (NYSE: CMG) shares traded at $455.00, in a 52-week range of $247.52 to $530.68. The consensus analyst target is $467.96. Chipotle shares are up about 53% year to date. The market cap is $13 billion.

Netflix Inc. (NASDAQ: NFLX) traded at $279.30 a share, in a 52-week range of $178.38 to $423.21. The consensus price target is $398.39. Netflix shares are up about 48% year to date. The market cap is $124 billion.

HCA Healthcare Inc. (NYSE: HCA) shares traded at $131.77. The 52-week range is $74.26 to $141.11, and the consensus price target is $144.57. So far in 2018, HCA shares are up about 47%. The market cap is $46 billion.

WellCare Health Plans Inc. (NYSE: WCG) shares were trading at $281.09, in a 52-week range of $186.00 to $324.99. The consensus price target is $335.53. So far in 2018, the shares are up about 45%. The market cap is $14 billion.

Boston Scientific Corp. (NYSE: BSX) shares traded at $35.21, in a 52-week range of $24.54 to $39.44. The consensus analyst target is $41.88. Boston Scientific shares are up about 43% year to date, and the market cap is $49 billion.

TripAdvisor Inc. (NASDAQ: TRIP) traded at $50.17 a share, in a 52-week range of $29.50 to $62.36. The consensus price target is $48.35. So far in 2018, the shares are up about 42%. The market cap is $7 billion.

TJX Companies Inc. (NYSE: TJX) shares were last seen at $109.27. The 52-week range is $66.44 to $113.28, and the consensus price target is $115.80. TJX shares are up about 42% so far in 2018. The market cap is $68 billion.

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