October 2025 Stock Watch List

As I'm writing this blog post, it's currently Friday, September 5th. The temperature here in Central Wisconsin is set to reach a high of just 56 degrees Fahrenheit later today. That's considerably less than the average temperature for this time of the year.

Now that I'm likely done with my stock purchases for this month, I'll look ahead to the stocks on my radar for October 2025. Without further ado, let's jump into it!

Stock #1: MercadoLibre (MELI)

The first stock is MercadoLibre, which is a newcomer to the watch list. Interested readers can check out my investment thesis in this recent Seeking Alpha article.

Otherwise, the gist of my investment thesis is that MELI is the leading e-commerce and fintech company in Latin America. As the local economies expand, the penetration rate of e-commerce and fintech services is likely to also rise. The company's credit ratings with S&P and Fitch were also both upgraded in the past 12 months to BBB- on stable outlooks. Best of all, I believe the stock is significantly undervalued from the current $2,370 share price.

Stock #2: NextEra Energy (NEE)

The next stock on my watch list for October is NextEra Energy. Curious readers can find my updated investment thesis on NEE in this Seeking Alpha article.

The crux of my investment thesis revolves around the company's presence in the demographically thriving state of Florida. This is supporting heavy capex investments, which has the company confident in its 6% to 8% annual adjusted EPS growth rate through 2027. Honestly, I'd be surprised if growth didn't come in on the high end of that range. What's more, NEE has an A-rated balance sheet. The 3.1% dividend yield is also well-covered by adjusted EPS. That's why the company has committed to annual dividend growth of approximately 10% through at least 2026. The stock is also moderately discounted from the current $72 share price.

Stock #3: ONEOK (OKE)

The final stock on my watch list for next month is ONEOK. Readers can peruse either my September 2025 Stock Watch List blog post or my recent Seeking Alpha article.

OKE's recent acquisitions are unlocking new growth opportunities for the company. Anticipated synergies are another lever that the company is pulling to grow. OKE's financials are also healthy, with a BBB credit rating from S&P on a stable outlook. The 5.6% yield is also secure and set to grow at a mid-single-digit rate annually. Finally, the stock is trading far under my fair value estimate from the current $74 share price.

Discussion:

Another month. Three more great businesses on my radar. MELI would represent a new position for me. I anticipate a roughly 40% allocation to it, an approximately 35% allocation to more OKE, and a ~25% allocation to more NEE.

Concluding Thoughts:

Are any of MELI, NEE, or OKE on your watch list for next month?

If not, what stocks are on your radar for October 2025?

Thanks for reading and please feel free to comment below!