Editor's note:“Monthly Bullish and Bearish Stocks in Hong Kong and the US”The section closely follows market trends, takes stock of the monthly performance of the Hong Kong and US stock markets, helps Niuyou sort through the hot sectors, strong individual stocks, and major news of the month to find profitable investment topics.
In October, the geopolitical conflict, the US debt crisis, and the Q3 earnings season became the key to influencing US stock trends this month.$S&P 500 Index (.SPX.US)$It has fallen more than 10% from the annual high level and has entered a “pullback range.” The index fell by 2.83% this month, and may record three consecutive monthly losses. This will also be the first time since the COVID-19 outbreak in 2020.
Despite the downturn in overall market sentiment, many high-performing stocks bucked the trend and soared as the third quarter results hit. Among them,Global insurance brokerage giant$Willis Towers Watson (WTW.US)$Soared 10% overnight after the results, and the market capitalization reached 20 billion US dollars; US telecom giant$Verizon (VZ.US)$The full-year free cash flow guidelines were raised, increasing by more than 9% during the month.
It is worth noting that due to a sharp increase in the number of Q3 subscribers of 8.76 million,$Netflix (NFLX.US)$The post-performance performance was particularly impressive, with a sharp rise of 16% in one day and a cumulative increase of nearly 9% during the month.
The number of new subscribers to Netflix Q3 reached a three-year high and was “praised” by major banks. Damo pointed out that it is believed Netflix can achieve the goal of returning revenue growth to double digits and expanding profit margins. At the same time, the stock price bubble and the expression of expectations are creating better buying points. The bank raised Netflix's target price from 430 US dollars to 475 US dollars, and the rating was raised from “in sync with the market” to “increase in weight.”
Furthermore, due to the geopolitical conflict, a number of military stocks have collectively risen.$RTX Corp (RTX.US)$,$Lockheed Martin (LMT.US)$,$General Dynamics (GD.US)$Monthly increases of about 9% were recorded.
Since October, the conflict between Palestine and Israel has continued to influence market sentiment. Investors worry that increasing geopolitical tension may also trigger market fluctuations. Risk aversion in the stock market is rising, while also stimulating the rise in military and energy stocks.
On the other hand, the weakest performing stocks this month are as follows:
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