Stocks moved higher in October, but our superior research system has unearthed many great stocks to buy at current prices. We are excited about the new layout and format for the issue, which is based on suggestions in our recent reader survey. We hope you find the Letter easier to read and simpler to follow. We encourage you to email me or complete the survey linked below with your comments and suggestions. We have changed our posture in the Classic Value Model to reflect higher market risk. We now advise buying five stocks and three defensive positions. Check out our two new recommendations. Our Wise Owl Model contains an appropriate mix of ultra conservative companies paying hefty dividends and companies with steady growth at very reasonable prices. We believe our three new additions offer great potential. Lastly, we moved our Special Feature out of the issue, and you will now receive the Special Feature one week following the issue.
