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 Sept. 28.
Investing Specialists
Mentioned: Vanguard Tax-Managed Balanced Adm (VTMFX)
, Coca-Cola Co (KO)
, PepsiCo Inc (PEP)
, American International Group Inc (AIG)
, Mondelez International Inc (MDLZ)
, Goldcorp Inc (GG)
, Credit Suisse Group AG (CS)
, Vodafone Group PLC (VOD)
, PIMCO StocksPLUS® Small Institutional (PSCSX)
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.
4.5%
In his quarter-end insights overview, director of North American equity research Dan Rohr wrote:
Following a flattish first half, global equities enjoyed a fairly strong third quarter, with the Morningstar Global Markets Index now up 4.5% year to date. In aggregate, our equity coverage of roughly 1,500 stocks, now looks slightly overvalued, trading at a 4.5% premium to fair value on a capitalization-weighted basis.
40%
With the rise of cryptocurrencies, analyst Kris Inton explored if they could displace gold as a safe haven investment. This is an important question, since he estimates that 40% of demand for gold related to investments. Inton's expectations is that cyprto "does and will not" displace gold, and he sees value in Goldcorp (GG) today.
$1 Billion
Erin Lash is bullish on Mondelez (MDLZ) as she thinks the firm can remove an additional $1 billion in costs on top of the $1.5 billion it has already removed from the business. Overall:
We expect Mondelez is on a course to drive accelerating sales growth while also posting margin gains over the next several years and think that investors should feast on shares, which trade at around a 15% discount to our $52 fair value estimate and the high-teens to low 20s price/earnings multiple of its wide moat peers.
20%
Technology has had a strong run in 2018 with the sector up by nearly 20% in 2018, but that doesn't mean every tech stock is pricey. Susan Dziubinski took a closer look at three firms we think still have more room to run.
3%
Coke (KO) and Pepsi (PEP) are both yielding north of 3% today, and Sonia Vora thinks dividend investors should take a close look at both wide-moat firms.
Most Popular Articles
- 3 High-Quality Tech Stocks With More Room to Run
- Intel's Data Center Demise Is Overstated
- How Our Vanguard Retirement Saver Portfolios Have Performed
- How Our Vanguard Model Bucket Portfolios Have Performed
- 6 More Wide-Moat Stocks to Avoid
Most Popular Videos
- Morningstar's Top Picks for Retirement Portfolios
- Coca-Cola and Pepsi Are Both Refreshing Dividends Plays
- 2 Gold-Rated Options for Your Core Bond Needs
- Keep Healthcare, Long-Term Care From Derailing Your Plan
- Will You Hit Your Projected Retirement Date?
Most Requested Stock Quotes
IBM
Alphabet
Apple
Amazon
GE
Most Requested Fund Quotes
Templeton Global Bond
Fidelity Contrafund
Vanguard 500 Index
T. Rowe Price Blue Chip Growth
Vanguard Total Stock Market Index
Most Requested ETF Quotes
SPDR S&P 500 ETF
Vanguard Total Stock Market ETF
Vanguard S&P 500
Invesco QQQ
Vanguard High Dividend Yield
Morningstar.com does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.