The November 2017 issue of the Investor Advisory Service stock newsletter has been released for subscribers.

There are no sell recommendations in this issue, along with three stock picks for subscribers. All three companies are new to the IAS coverage list. Subscribers may log in to the IAS website to download or view the issue.

In this issue, our analysts also commented on the state of the market, writing:

Stocks feel high, but valuations must be viewed in the context of continued low inter-est rates and the improving cadence of eco-nomic growth. There is also a possibility that meaningful corporate tax reform could pro-duce a step-up in earnings, justifying current valuations. The question is whether investors can bank on any of these market-supportive forces going forward? “Cautious optimism” is a stock market cliché, but it is also typically the right perspective to bring to investing. We currently lean toward caution, but that is not a reason to be pessimistic. There are always opportunities out there. The trick is to find them.