Wall Street’s Best Digest | October 14, 2021
Here is your October Wall Street’s Best Digest, issue 846.
In the past month, the markets have been seesawing—mostly due to Washington shenanigans—but the overall long-term picture continues to be bright. The rise in housing prices seems to be mitigating, the unemployment rate dropped to 4.8%, and FactSet expects the S&P 500 companies to produce earnings growth of more than 27% for this quarter. So, the fundamentals appear to be in place for a longer bull run, although as I often say—it’s a stock-picker’s, not a dartboard, market.
And with that in mind, our contributors have found some very interesting companies for you this month.
We begin with our Spotlight Stock, a company that you’ve probably never heard of, but is actually the worldwide leader in auto mirror dimming products. It has grown internally, and by acquisition, which I explore a bit more in my Feature article.
Our Growth stocks this month include an online gaming company, an auto parts supplier, a business that makes athletic/leisure wear, and a safety clothing manufacturer. In Growth & Income, you’ll find a food manufacturer.
Our Value picks this month are an advertising/communications company and a steel maker. Our Financial recommendations are an insurance company and a Business Development Company. In Healthcare, our advisors recommended a couple of testing/device firms, some biotechs, and large pharma’s.
In Technology, you’ll find a variety of ideas, including a work management software provider, a company that makes motion products, a business specializing in 3-D digitization, a couple of semiconductor businesses, and a space technology company.
Our contributors still like Resources, Energy, and Utility stocks, and here, we offer choices from the mining, exploration & production, utility, and equipment services sectors. Our Low-Priced stocks include a voice and vision communications business and a solar energy company.
In Preferred Stocks and High Yield, we offer ideas from the insurance, gas utility, and pipeline industries. And lastly, our Funds & ETFs section includes ESG, solar, real estate, and telecom funds.
My monthly Platinum Club webinar will be on November 3, at 2pm Eastern. I hope you will join me to get an update on the market, as well as my newsletter ideas for the month.
And as always, please don’t hesitate to email me with your feedback and questions. My address is firstname.lastname@example.org.