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Matt’s Top Stock for October 2022

7investing Lead Advisor Matthew Cochrane’s top stock recommendation in October has management with a long-term vision and a massive total addressable market.

October 1, 2022


Forgoing current profits to invest in its future, this company has maintained a long-term vision since it was founded. While Wall Street does not always reward it, the results have been nothing short of spectacular as management has led this company to become one of the largest, most customer-centric company in the world.

Transcript

Sometimes the best stock recommendation is the one hiding in plain sight, the one everyone knows about. You don’t have to get into the ground floor of the latest and hottest IPO to realize market-beating returns in your portfolio.

Hi, I’m Matthew Cochrane, lead advisor at 7investing.  There are several things I look for when making investments. I want the companies in my portfolio to have strong economic moats, or competitive advantages. I want my companies to have optionality, meaning there are several future paths they can take to secure additional streams of revenue.

My recommendation this month looks expensive by traditional valuation techniques, because it is investing heavily in its future but I believe these investments will provide a great return for patient shareholders.

If you’re interested in my stock pick this month, visit 7investing.com. If you subscribe, you will gain access to all 7 of our stock recommendations each and every month.

I’m Matthew Cochrane, we’re 7investing, and we’re here to empower you to invest in your future.

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