Looking for stocks to buy; here are five stocks to watch - Oct 4th-7th 2022
Equities

Looking for stocks to buy; here are five stocks to watch - Oct 4th-7th 2022

Jessica Amir
Market Strategist

Summary:  Five stocks to watch this week, in our two minute video. CSL could likely see a pickup in flu-vaccine demand and revenue ahead of the Northern Hemisphere winter. Rio Tinto, is another to watch as it just started producing spodumene concentrate for lithium batteries. Tesco and Constellation Brands are also on watch with results out this week. And Insurance Australia Group is also on watch with the RBA making a bevy of more interest rates hikes. Will IAG continue to outperform?

CSL(CSL)

CSL is the one of the world’s biggest producers of influenzas vaccines. The thinking is CSL’s revenue could pick up with flu vaccine demand likely to rise ahead of the Northern Hemisphere winter. 

Rio Tinto (RIO)

Rio just started producing spodumene concentrate for lithium batteries, at its facility in Canada. Rio is also one of the world’s largest producers of Iron Ore (SCOA) and Aluminium. And last week, Aluminium prices saw their biggest jump on record on potential supply fears. So its worth watching to see what eventuates.

Tesco (TSCO)

Tesco, The British Super market giant is due to release financial results in the first week of October, while also kicking off a huge half price toy sale in a bid to boost its performance. Tesco shares are trading at 4 year lows.


Constellation Brands (STZ) 

Constellation Brands is the business that makes and producers beers such as Corona. It also produces and sells Wines and Sprits. the
Alcohol giant is due to report results in the first week of October. And it’s worth watching their shares as they’ve outperformed the market this year. 

Insurance Australia Group (IAG)

IAG is Australia’s largest insurance group. Insurance groups generally do well when interest rates rise. So with the Reserve Bank of Australia (RBA) expected to rise rates in the first week of October and for the rest of the year and into next year, IAG is worth watching. IAG shares have outperformed the market and risen 6% this year. 

To find out more about the these companies or other opportunities, head to Saxo's Platform. 


 

Quarterly Outlook

01 /

  • Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?

    Quarterly Outlook

    Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?

    John J. Hardy

    Global Head of Macro Strategy

  • Equity Outlook: The ride just got rougher

    Quarterly Outlook

    Equity Outlook: The ride just got rougher

    Charu Chanana

    Chief Investment Strategist

  • China Outlook: The choice between retaliation or de-escalation

    Quarterly Outlook

    China Outlook: The choice between retaliation or de-escalation

    Charu Chanana

    Chief Investment Strategist

  • Commodity Outlook: A bumpy road ahead calls for diversification

    Quarterly Outlook

    Commodity Outlook: A bumpy road ahead calls for diversification

    Ole Hansen

    Head of Commodity Strategy

  • FX outlook: Tariffs drive USD strength, until...?

    Quarterly Outlook

    FX outlook: Tariffs drive USD strength, until...?

    John J. Hardy

    Global Head of Macro Strategy

  • Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges

    Quarterly Outlook

    Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges

    Althea Spinozzi

    Head of Fixed Income Strategy

  • Equity Outlook: Will lower rates lift all boats in equities?

    Quarterly Outlook

    Equity Outlook: Will lower rates lift all boats in equities?

    Peter Garnry

    Chief Investment Strategist

    After a period of historically high equity index concentration driven by the 'Magnificent Seven' sto...
  • Commodity Outlook: Gold and silver continue to shine bright

    Quarterly Outlook

    Commodity Outlook: Gold and silver continue to shine bright

    Ole Hansen

    Head of Commodity Strategy

  • Macro Outlook: The US rate cut cycle has begun

    Quarterly Outlook

    Macro Outlook: The US rate cut cycle has begun

    Peter Garnry

    Chief Investment Strategist

    The Fed started the US rate cut cycle in Q3 and in this macro outlook we will explore how the rate c...
  • FX Outlook: USD in limbo amid political and policy jitters

    Quarterly Outlook

    FX Outlook: USD in limbo amid political and policy jitters

    Charu Chanana

    Chief Investment Strategist

    As we enter the final quarter of 2024, currency markets are set for heightened turbulence due to US ...

Content disclaimer

None of the information provided on this website constitutes an offer, solicitation, or endorsement to buy or sell any financial instrument, nor is it financial, investment, or trading advice. Saxo Bank A/S and its entities within the Saxo Bank Group provide execution-only services, with all trades and investments based on self-directed decisions. Analysis, research, and educational content is for informational purposes only and should not be considered advice nor a recommendation.

Saxo’s content may reflect the personal views of the author, which are subject to change without notice. Mentions of specific financial products are for illustrative purposes only and may serve to clarify financial literacy topics. Content classified as investment research is marketing material and does not meet legal requirements for independent research.

Before making any investment decisions, you should assess your own financial situation, needs, and objectives, and consider seeking independent professional advice. Saxo does not guarantee the accuracy or completeness of any information provided and assumes no liability for any errors, omissions, losses, or damages resulting from the use of this information.

Please refer to our full disclaimer and notification on non-independent investment research for more details.
- Notification on Non-Independent Investment Research (https://www.home.saxo/legal/niird/notification)
- Full disclaimer (https://www.home.saxo/en-mena/legal/disclaimer/saxo-disclaimer)


Business Hills Park – Building 4,
4th Floor, office 401, Dubai Hills Estate, P.O. Box 33641, Dubai, UAE

Contact Saxo

Select region

UAE
UAE

All trading and investing comes with risk, including but not limited to the potential to lose your entire invested amount.

Information on our international website (as selected from the globe drop-down) can be accessed worldwide and relates to Saxo Bank A/S as the parent company of the Saxo Bank Group. Any mention of the Saxo Bank Group refers to the overall organisation, including subsidiaries and branches under Saxo Bank A/S. Client agreements are made with the relevant Saxo entity based on your country of residence and are governed by the applicable laws of that entity's jurisdiction.

Apple and the Apple logo are trademarks of Apple Inc., registered in the US and other countries. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.