BSVN - Rare Stock Picks In October 2023 - From 31 Discerning Analysts

2023-11-04 12:00:00 ET

Summary

• Welcome to another installment of our monthly Rare Stock Picks series. We highlight October investment picks you may have missed.
• As you know, some Seeking Alpha analysts are more discerning by nature. Others are finding compelling ideas hard to come by in today's market environment.
• Featured in this series are investment ideas published in the last month from analysts who have made ONLY 1 Buy/Strong Buy stock recommendation in the past three months.

October brought some surprises and more losses to broad markets. During October some analysts presented their first Buy or Strong Buy recommendations in quite some time. Could these be of interest for your portfolio? Below is a list of October Buy recommendations made by analysts who had no other bullish recommendations over the past 3 months.

For your directory assistance, we've classified the opportunities by sector.

Consumer

• Yelp Inc. (YELP) - The business information and review site has bucked the market trend. Christopher Canno returns for his first time since the Spring to advise investors that it's a wonderful time to buy this name, with a variety of potential catalysts - Yelp: Bullish Growth Catalysts Moving Into Q4

• Brunswick Corp (BC) - Special situations investor Roojoo Capital returns for the first time in 2 years, and recommends the recreational product company. - Brunswick: Steady Earnings Despite Lower Boat Sales

• Starbucks (SBUX) - CFA Charterholder Taron Kwak highlights another resilient company that seems to continue to deliver for investors no matter the situation. He things the coffee retailer is at an attractive price here. - Starbucks: The King Of Reinvestment Opportunities

• Ulta Beauty (ULTA) – Fernando Batista Costa sums things up in their bullish take on Ulta: “ High ROIC, organic growth and no debt make ULTA a low-risk investment at its current stock price. ” – Ulta Beauty Stock: The Resilience Of Non-Essentials

• Molson Coors Beverage Company (TAP) – James Coleman , a former CPA, shared their only bullish pick so far this year as part of the Best Value Idea competition. Read to see why Molson Coors Beverage Stock Is A Deep Value Buy in their view.

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