Ever since the breakup of DowDuPont in 2019, specialty chemicals maker Dow Inc. (NYSE: DOW) has been a disappointment, generating a total return of less than 4% compared to the 24% gain by the Dow Jones Industrial Average and the better than 40% return of the S&P 500. Dow is one of the world's largest chemical manufacturers, with annual sales north of $55 billion. The company is looking to add 350 million kilotons of additional polyethylene over the next few years while also building a world-scale polyethylene facility on the Gulf Coast to meet consumer demand to meet consumer and industrial demand for specialty packaging, health and hygiene, and packaging applications.
GameStop's (NYSE: GME) unprecedented rally last year, which was largely driven by a massive short squeeze, caused some investors to seek out other heavily shorted stocks to buy into in hopes of netting similar gains. Today, I'll take a look at three heavily shorted stocks -- Bed Bath & Beyond (NASDAQ: BBBY), Beyond Meat (NASDAQ: BYND), and Upstart Holdings (NASDAQ: UPST) -- and see if they could be short-squeeze candidates.
The latter is comprised of the 100 largest nonfinancial stocks by market cap listed on the Nasdaq stock exchange. The Nasdaq 100 is currently home to a number of plain-as-day bargains. What follows are three Nasdaq 100 stocks you can confidently buy hand over fist in October.