📈 Why Are Gas Prices Coming Down?

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Good Morning!

First up, the electric elephant in the room: Tesla, everyone's favorite electric car maverick, stumbled a bit in the car delivery department. We'll spill the electrons on why they didn't quite hit the mark.

And speaking of marks, have you noticed the pump prices lately? Brace yourselves because we're diving into why gas prices are falling for some Americans, but some are stuck paying $6 a gallon.

But hey, it's not all gas and gears. October brings us some sweet treats in the form of REIT stocks that are as tempting as a candy store on Halloween. We've got the scoop on the top three to sink your teeth into.

And last but not least, we'll introduce you to the cybersecurity stock you didn't know you needed. Trust us; you'll want this digital superhero in your portfolio.

Grab your venti caramel macchiato with extra whipped cream and a sprinkle of pumpkin spice and let's get into it! ☕️👇️
Coffee submitted by Bobby - Send us your favourite order to win free Investing Journal Premium!

Markets

US new vehicle sales jump in third quarter (3 minute read)
U.S. new vehicle sales in the third quarter are on the rise. Apparently, we're all still crazy about those shiny, new models, and they're actually available! But hold on to your hats because there's a twist in this story.

The United Auto Workers (UAW) union and their coordinated strike against the Detroit Three automakers had everyone worried about supply shortages, but car companies are keeping the details about their bank accounts under wraps for now. They clearly stocked up on inventory before the strike, so sales in September were A-OK.

Investing

3 Top REIT Stocks to Buy in October (5 minute read)
REITs are about as popular as a cold cup of coffee at a beach party these days. But hey, guess what? That gloomy cloud has a silver lining, and it's shining on some seriously slick companies. Take Realty Income (O), for example – they're the big shots in the net-lease REIT game, and they've been handing out dividends like candy at Halloween for decades. Then there's Prologis (PLD), the heavyweight champ of warehouse REITs, and they've got their business fingers in pies all around the globe. And last but not least, we've got American Tower (AMT), with a stash of cellular towers that are basically money-printing machines.

Tesla Delivers 435K Cars in Third Quarter. Investors Uphold the Stock. (1 minute read)
Tesla had a bit of a hiccup with their latest numbers, and Wall Street wasn't too impressed. You see, they were aiming to pump out 450,000 units, but they fell a tad short, delivering 435,059 instead. But hey, Elon Musk and crew aren't ones to let a little speed bump slow them down. Despite the underwhelming production rate, Tesla's stock (TSLA) played it cool on Monday, still managing to sneak in a 0.5% gain by the end of the day.

The Cybersecurity Stock You Didn't Know You Needed (5 minute read)
Zscaler (ZK) is the bouncer of the internet, keeping the bad guys out. They're in a hot industry, have shown solid performance, and are poised for future growth. But, like any investment, there are risks, so keep an eye on the competition and the ever-changing world of cyber threats. Read our deep-dive on this stock to decide if you should invest in it.

Money

Why Gas Prices Are Falling — but Some Drivers Are Stuck Paying Over $6 a Gallon (5 minute read)
2023 has been a wild ride for gas prices, mostly going up, up, up like a balloon on helium. But hold onto your steering wheels because here comes some good news – for two whole weeks, we've seen a tiny dip in those pesky pump costs! Now, before you break out the confetti, let me burst that bubble for you – not everyone's joining the gas-saving party. Nope, if you're cruising around sunny California, you're probably spitting out your coffee right about now because they're shelling out over six bucks for a gallon of the good stuff. Ouch!

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