Historically, October is volatile for the stock market. To navigate this, investors can use the Driehaus strategy, focusing on momentum stocks like Meta Platforms, Inc. (META) and Vertiv Holdings Co. (VRT).

The Driehaus strategy emphasizes buying high-performing stocks. It considers indicators like positive 50-day moving averages and strong earnings growth rates to identify potential outperformers for long-term returns.

To screen stocks effectively, look for Zacks Rank #1 or 2, EPS growth rates above 2%, positive 50-day moving averages, and a momentum score of A or B. This narrows down the selection to 37 top stocks, including META and VRT.

The AI revolution’s second wave may offer lucrative opportunities beyond well-known stocks like Nvidia. Little-known AI firms tackling major global issues could provide significant profits in the near future.

For more information on META and VRT, check out the Free Stock Analysis Reports. Take advantage of the Research Wizard to explore these stocks further and create your own successful investment strategies.

Read more at Nasdaq: October’s Momentum Alert: Meta & Vertiv Among Top Picks