10 Undervalued Wide-Moat Stocks

Plus: A Wide-Moat Stock to Invest in That’s 35% Undervalued, The 10 Best Companies to Invest in Now, and more. [Morningstar](?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_stockstrategist&utm_content=55632&elqTrackId=f160b23c92bb4f9aab0f118001f29a76&elq=c66fb722cd674d0a89b5d8bf5965d8ad&elqaid=55632&elqat=1&elqCampaignId=28258) [Stock Strategist] Stock Strategist July 1, 2024 Good Morning! Here's the rundown of what's happening in the stock market. At mid-year, technology stocks continue to lead returns, and this week we take a deep dive into into e-commerce stocks. They boomed during the pandemic and have a tougher road ahead now, but according to Morningstar’s Sean Dunlop, they’ll keep gaining market share against brick-and-mortar retailers. We have his[top two picks, plus four other key names](. Another high-profile set of stocks has been renewable energy. Morningstar equity analyst Brett Castelli notes that solar and storage have shined to start 2024, and offers up his [top stock pick in the US renewable energy industry](. Lastly, we dig into a core set of opportunities for investors. Morningstar’s research approach centers around stocks that have the strongest long-term competitive advantages – aka wide moats – and those trading at attractive prices compared to their fair value estimates. You can find our latest list of [10 undervalued wide moat stocks]( here. Investing Events: - Tuesday, July 2: May Job Openings and Labor Turnover Survey - Wednesday, July 3: Markets close at 1:00 pm EST in observance of Independence Day, June ADP Employment Survey, Minutes from the June Federal Open Market Committee meeting - Thursday, July 4: Markets closed - Friday, July 5: June Employment Situation Report Check out our full [weekly calendar]( of economic reports and corporate earnings. For The Trading Week Ended June 28: - The Morningstar US Market Index rose 0.02%. - The best-performing sectors were energy, up 2.53%, and communication services, up 1.43%. - The worst-performing sector was utilities, down 0.99%. - Yields on 10-year US Treasury notes rose to 4.36% from 4.25%. - West Texas Intermediate crude prices increased 0.99% to $81.53 per barrel. - Of the 702 US-listed companies covered by Morningstar, 343, or 49%, were up, 5 were unchanged, and 354, or 50%, were down. Which Stocks Are Up? Alnylam Pharmaceuticals [ALNY]( FedEx [FDX]( Carnival [CCL]( SentinelOne [S]( Ionis Pharmaceuticals [IONS](. Which Stocks Are Down? Walgreens Boots Alliance [WBA]( SolarEdge Technologies [SEDG]( Nike [NKE]( First Solar [FSLR]( Xerox Holdings [XRX](. And Don't Miss: - [A Wide-Moat Stock to Invest in That’s 35% Undervalued A Wide-Moat Stock to Invest in That’s 35% Undervalued]( - [Finding Small-Cap Stock Opportunities In a Big-Cap World]( - [Obesity Drug Stocks: Why It Will Be ‘Exceptionally Difficult’ to Dethrone Eli Lilly and Novo Nordisk]( - [2 Top E-Commerce Stock Picks]( - [Our Top Pick for Investing in US Renewable Energy]( Did a friend forward this email? You can [sign up for free here](. ADVERTISEMENT [media]( [media] [10 Undervalued Wide-Moat Stocks]( [10 Undervalued Wide-Moat Stocks]( Cheap high-quality names from the Morningstar Wide Moat Focus Index are attractive stocks to buy for long-term investors. Susan Dziubinski [Read More]( Share: [facebook]( [twitter]( [linkedin]( [The 10 Best Companies to Invest in Now]( [The 10 Best Companies to Invest in Now]( These undervalued stocks of high-quality companies are attractive investments today. Margaret Giles [10 Top Dividend Stocks for 2024]( [10 Top Dividend Stocks for 2024]( These dividend stocks to buy offer attractive yields at cheap prices. David Sekera, David Harrell [10 Best Value Stocks to Buy for the Long Term]( [10 Best Value Stocks to Buy for the Long Term]( The stocks of these high-quality companies look cheap today. Margaret Giles [10 Stocks the Best Fund Managers Have Been Selling]( [10 Stocks the Best Fund Managers Have Been Selling]( As the stock market rallies, top investors are taking profits in these names. Susan Dziubinski [Finding Small-Cap Stock Opportunities In a Big-Cap World]( [Finding Small-Cap Stock Opportunities In a Big-Cap World]( Three managers offer thoughts on finding winning stocks in this out-of-favor group. Gabe Alpert [A Wide-Moat Stock to Invest in That’s 35% Undervalued]( [A Wide-Moat Stock to Invest in That’s 35% Undervalued]( Investors can buy the shares of this industry leader at a significant margin of safety. Michael Miller [3 International Stocks the Best Managers Have Been Buying]( [3 International Stocks the Best Managers Have Been Buying]( Put these global stocks on your watchlist. Susan Dziubinski [These Companies Lead Their Sectors in the Carbon Transition]( [These Companies Lead Their Sectors in the Carbon Transition]( Walmart and TSMC are among 10 sector leaders in the journey to net zero. Leslie Norton, Liz Angeles [5 Stocks to Buy Before the Fed Cuts Interest Rates in 2024]( [5 Stocks to Buy Before the Fed Cuts Interest Rates in 2024]( Plus, market risks today and two moat upgrades. David Sekera, Susan Dziubinski [2 Top E-Commerce Stock Picks]( [2 Top E-Commerce Stock Picks]( Plus four other key names that dominate online consumer retail. Leah Breakstone [Obesity Drug Stocks: Why It Will Be ‘Exceptionally Difficult’ to Dethrone Eli Lilly and Novo Nordisk]( [Obesity Drug Stocks: Why It Will Be ‘Exceptionally Difficult’ to Dethrone Eli Lilly and Novo Nordisk]( The two biggest players in the market appear poised to dominate for years to come. Sarah Hansen [Our Top Pick for Investing in US Renewable Energy]( [Our Top Pick for Investing in US Renewable Energy]( Solar and storage shine to begin 2024, as onshore wind installations have subdued. Brett Castelli [What Does Chipotle’s Stock Split Mean for Investors?]( [What Does Chipotle’s Stock Split Mean for Investors?]( The dominant fast-casual chain’s stock carries a fair value estimate of $40 per share following its 50-for-1 split. Leah Breakstone [Q3 2024 Stock Market Outlook: Is the AI Stock Trade Over?]( [Q3 2024 Stock Market Outlook: Is the AI Stock Trade Over?]( Themes that have driven the market appear to be nearing an end. David Sekera [What Is a Stock Split?]( [What Is a Stock Split?]( Companies like to play with the price of their stocks. Here’s why and what you should know. Ruth Saldanha, Margaret Giles [Morningstar's Company Reports]( [Morningstar's Company Reports]( Discover actionable insights today. Get Top Stock Picks and Market Insights Every Week on The Morning Filter. Every Monday morning, Susan Dziubinski sits down with Morningstar Chief U.S. markets strategist Dave Sekera to discuss what's on his radar, new Morningstar research, and stock picks or pans for the week ahead. [Watch Now.](morningstar/streams?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_stockstrategist&utm_content=55632) Thanks for reading! Stay connected: [twitter]( [facebook]( [linkedin]( [instagram]( [YouTube]( [Apple News]( [View online]( | [See all newsletters]( | [Share your feedback]( [Unsubscribe]( from this newsletter. Or update your [email preferences](. © 2024 Morningstar, Inc. All Rights Reserved. 22 W. 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