Stock picks · October 2026
A monthly momentum-screen watchlist, cross-checked for Shariah compliance on Zoya. This is a talking point, not a buy list. Read the caveats before you do anything.
Last updated 2026-10-07 · figures captured 2026-10-07 · illustrative
We only encourage investing in funds. In your 20s it's fun to throw money into stocks and watch what they do, but that feels less responsible as you get older. Research across thousands of millionaires shows that investing in single stocks doesn't beat the broad market over the long run, and funds are easier and less stressful to hold than individual stocks.
These are momentum trades, not long-term holds. You ride the wave and sell to rotate into the next stock with momentum. You do NOT hold them long term. We don't recommend this strategy and only encourage investing in funds. Do this at your own risk.
Past returns don't represent future results. A stock trending up today can reverse tomorrow. Nothing here is a prediction.
This page is general guidance to help you learn, not regulated financial advice and not a personal recommendation. Do your own research and consider speaking to a regulated financial adviser.
The fundamentals in the filter table are approximate figures gathered from public sources on the date shown, not a live feed, so re-check them before relying on them. Shariah verdicts are quoted from Zoya as captured on that date and are not Mana's own ruling; always check the live verdict on Zoya (or with your own scholar) before treating a stock as halal to buy.
We start with a momentum idea: look for stocks showing strong recent price momentum: trending up over the last 3, 6 and 12 months, sitting above key moving averages (like the 50- and 200-day), and showing relative strength versus the broad market.
Names that clear that momentum screen are then cross-checked for Shariah compliance on Zoya, so we're only ever discussing stocks that plausibly pass.
Each candidate is then run through four simple fundamental filters (shown per stock below). A stock "passes" a filter when it clears the threshold:
The numbers in the tables below are illustrative round figures to show how the screen works. They are not a live financial feed.
Why it has momentum
AI data-centre chip demand keeps AMD in a strong trend; semis still dominate October's signal. A rich trailing valuation trips the P/E filter (shown honestly).
Illustrative figures.
Why it has momentum
Radio-frequency chipmaker showing a strong trend alongside the wider semis group; a hardware maker's gross margin trips the margin filter (shown honestly).
Illustrative figures.
Why it has momentum
Custom AI and data-centre networking silicon; one of October's three semis in a strong trend, and it clears all four filters, if only just on P/E and debt.
Illustrative figures.
Why it has momentum
Life sciences and diagnostics name newly picked up by the trend signal this round; its debt-to-equity trips the debt filter (shown honestly).
Illustrative figures.
Why it has momentum
Cybersecurity platform new to the signal this month; high-margin subscriptions, but near-zero trailing earnings push the P/E far past the filter (shown honestly).
Illustrative figures.
Want to check any of these yourself?
Look up any company's live Shariah-compliance status directly on the screener we use.
Search on ZoyaMana is an educational platform. We're not regulated by the FCA and nothing here is a personal recommendation. Everything you see (ETF illustrations, goal projections, quiz results, AI responses) is general information to help you learn. Before investing, please do your own research and consider speaking to a regulated financial adviser.
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