October's Top Stocks: Buys, Growth, Rallies, and Optimism

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Source: The Motley Fool
October's Top Stocks: Buys, Growth, Rallies, and Optimism
Photo: The Motley Fool
TL;DR Summary

Despite concerns about the stock market in October, there are three stocks that are considered attractive buys. Bank of America, with its solid balance sheet and booming business, is attractively valued and a favorite of Warren Buffett. PayPal Holdings, although down for the year, has strong growth prospects in e-commerce and digital payments, and its valuation doesn't reflect its potential. Vertex Pharmaceuticals, known for its cystic fibrosis franchise, has a monopoly in treating the disease and has promising prospects in other areas such as rare blood disorders and kidney disease. The stock's valuation is considered very attractive.

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