Insider Monkey·2025-10-03 20:57Core Viewpoint - The article discusses the current stock market outlook and highlights 11 best and cheap stocks to buy, emphasizing the importance of earnings and interest rates in driving stock prices [2][4][8]. Market Outlook - Jeremy Siegel, a Wharton professor, believes the upward trend in the stock market will continue despite concerns about a government shutdown, as long as it does not last longer than two weeks [2]. - Siegel anticipates that the impact of tariffs will be more evident in the fourth quarter, particularly during the holiday retail season, and expects the Federal Reserve to cut interest rates by 0.25% in October and December [3][4]. Company Insights - Sanofi (NASDAQ:SNY): - Forward P/E Ratio: 9.91, with 24 hedge fund holders [9]. - Recently announced a $625 million investment in Sanofi Ventures, increasing total assets to over $1.4 billion, focusing on biotech and digital health startups [10][11]. - Sanofi is a global healthcare company involved in researching, developing, and marketing medicines and vaccines [12]. - Altria Group, Inc. (NYSE:MO): - Forward P/E Ratio: 12.07, with 54 hedge fund holders [13]. - Received a Buy rating from Bank of America Securities with a price target of $72, highlighting its partnership with KT&G Corp to enhance growth in the oral nicotine market [14][15]. - Altria is a leading American tobacco company providing a range of tobacco products for adult consumers [15].