It might be a difficult time to own volatile growth stocks, but 7investing Lead Advisor Steve Symington believes these are the times you should be most excited as a long-term investor. His top stock for October has a beaten-down share price that doesn’t reflect the value and strength of its underlying business, and he thinks its larger competitors will be helpless over the next several years when it comes to preventing this company from becoming its industry’s next juggernaut. With several catalysts on the horizon, now could prove to be the perfect time to open or add to a position.

Transcript

It’s a difficult time to own stocks right now. But I think these are exactly the times you should be most excited as a long-term investor.

I’m 7investing Lead Advisor Steve Symington. We’re here to empower you to invest in your future by providing our top 7 stocks every single month.

My top stock idea right now is one whose share price performance does not currently reflect the underlying strength of its business. And I think over the next several years its larger competitors will be absolutely helpless when it comes to preventing this business from becoming its industry’s next juggernaut. It’s the perfect time to open or add to a position in this company, and I think long-term investors should buy now.

To gain access to all 7 stocks we’re recommending this month, including the stock I just described, just go to 7investing.com/subscribe/ or click the link at the end of this video.

Again I’m Steve Symington. We’re 7investing. And we’re here to empower you to invest in your future.

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