MENU

Could these be November’s top 7 stocks?

October was a tough month for Australian shareholders – the S&P/ASX 200 was down 2.8% and some of the biggest names were smashed due to a range of company-specific issues.

What lies ahead in November?

Often we see companies that perform poorly over a one-month period return to be the better performers in the following month. An example of this comes from one of this month’s better performers – QBE Insurance Group Ltd (ASX: QBE). QBE’s share price plunged from $11.20 to under $10 in August, but it returned over 10% in October alone.

Could these be November’s top 7 stocks?

Here are seven of the worst-performing stocks from October; many due to one-off factors, so some or all of these companies could return to favour over the next few months.

Healthscope Ltd (ASX: HSO) down 29% on a profit warning.

Resolute Mining Limited (ASX: RSG) down 21% due to strikes and general concerns over the gold price.

Crown Resorts Ltd (ASX: CWN) down 18% due to the arrest of a number of employees in China.

Star Entertainment Group Ltd (ASX: SGR) down 17% due to it being linked to the concerns surrounding Crown.

TPG Telecom Ltd (ASX: TPM) down 17% due to a weak earnings outlook.

Regis Resources Limited (ASX: RRL) down 16% due to a falling gold price.

SKYCITY Entertainment Group Limited-Ord (ASX: SKC) down 16% after releasing a disappointing quarterly result.

These Low Interest Rates Could Totally Devastate Your Retirement!

With global interest rates set to remain at these "emergency low" levels for years -- perhaps even decades -- unless you take decisive action NOW, your retirement could be seriously at risk. Click here to learn how to NOT run out of money in retirement.

Motley Fool contributor Andrew Mudie owns shares of Crown Resorts Limited and QBE Insurance Group Ltd. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.