3 Stocks I’m Buying (October 2022)

Panic up. Stocks down. Me done writing like caveman now.

September was a bad month for investors. And the sell-off could very well continue for several more months. There’s a lot of fear over inflation, interest rates, war, and energy prices.

While I’ll undoubtedly lose money in the short-term, I’m going to continue buying stocks.

Namely, premium companies that have seen their share prices plummet.

Here are the three stocks I’m buying in October, 2022.

1. Otis Worldwide Corporation ($OTIS)

I’ve written about this company numerous times. But, Otis Worldwide Corporation is a business that builds and maintains elevators and escalators.

This is a wide-moat, high-profit business, since Otis also services their instillations.

And these service contracts provide a healthy flow of recurring revenue.

Additionally, the products themselves are somewhat essential.

I live in a high-rise and use the building’s Otis elevator every single day.