Morningstar Runs the Numbers
We take a numerical look through this week's Morningstar research. Plus, our most popular articles and videos for the week ended Aug. 17.
Inspired by Harper's Index (with a tip of the hat to FiveThirtyEight's Significant Digits blog), Morningstar Runs the Numbers uses a numbers-based approach to highlight recent Morningstar research, along with some outside news stories.
Walmart (WMT) reported a strong second quarter and raised its earnings per share guidance Thursday. Equity analyst Zain Akbari plans to modestly raise the wide-moat retailer's $90 fair value estimate. Ecommerce growth was a particular bright spot, he said.
Fidelity's free index funds are making headlines, but they're only available through Fidelity's brokerage platform. We list 11 ultracheap funds and ETFs that offer diversified exposure to the total U.S. stock market, similar to Fidelity Zero Total Market Index (FZROX), and others that offer broad exposure to the total international stock market (ex.-U.S. stocks), similar to Fidelity Zero International Index (FZILX). These funds aren't free from a cost perspective, but neither are they tethered to an exclusive brokerage platform.
Bud Light and the Cleveland Browns announced a special promotion for Cleveland Browns fans. So-called Victory Fridges are Wi-Fi-connected refrigerators in Cleveland-area bars and at Cleveland's FirstEnergy Stadium. Unfortunately for long-suffering Browns fans, the fridges will only open when the Browns manage to snap their winless streak (currently at 17 games).
As an investment wrapper, exchange-traded funds have several beneficial characteristics, says director of global ETF research Ben Johnson. Some of them have been oversold, while others have not been given their due. He examines four oversold and undersold features of ETFs.
Associate director of fixed-income manager research Karin Anderson weighed in on three causes of Turkey’s plummeting currency and what impact the country's woes could have for broader emerging-markets funds.
Aretha Franklin, the legendary singer who mastered genres such as soul, pop, jazz, R&B, gospel, and disco, died Thursday at age 76. In addition to being one of the greatest singers of all time, she will be remembered as a symbol of strength, women's liberation, and the civil rights movement, said Rolling Stone.
Many mutual funds from the big shops are very large, but a handful of them are quite small and undiscovered. Director of manager research Russ Kinnel talks about three great funds that are hiding in plain sight.
Most Popular Articles
Most Popular Videos
Morningstar.com does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.