Warren Buffett Is Buying These 2 Stocks. You Probably Shouldn’t

Plus: 18 newly overvalued stocks, 10 moat stocks leading the rally, and are Alibaba and Walmart buys after earnings? [Morningstar](?utm_source=eloqua&utm_medium=email&utm_campaign=stockstrategist&utm_content=None_59572&utm_id=30625&elqTrackId=cfcf678782ea44888e79353818da8d80&elq=8612ee47b83742e09698090ed929c7d0&elqaid=59572&elqat=1&elqCampaignId=30625&elqak=8AF580472AD625F23E343F91BD16490C3AA9B76ECE46F61C045ADD338DFB62F5E9AC) [Stock Strategist] Stock Strategist December 2, 2024 Good Morning! Here's the rundown of what's happening in the stock market. This year’s rally has been driven by high-quality companies, particularly those with strong competitive advantages, or economic moats. Bella Albrecht takes [a closer look at the moat stocks leading the way]( — and it's more than just Nvidia. While the stock outlook remains positive, expectations for Federal Reserve policy are shifting. Solid economic growth and inflation data have the market pricing in [less Fed easing next year]( with inflation staying above the 2% target. Washington also made waves this week. President-elect Trump made headlines with his plan to impose 25% tariffs on goods from Canada and Mexico. As Sarah Hansen reports, tariffs were already a hot topic on third-quarter earnings calls, and we [explore what this could mean for corporate profits and the markets](. [Clean energy stocks]( have been under pressure since the election, but there’s an overlap with companies poised to benefit from the push to improve the power grid. Leslie Norton spoke with Tony Tursich from Calamos Investments, who shared [three stocks to watch](. Be sure not to miss our latest screens on [undervalued stocks]( along with those that [may be ripe for selling](. And finally, check out the [2 stocks Warren Buffet is buying, but you probably shouldn't](. In this issue: - [18 Newly Overvalued Stocks for the Week]( - [After Earnings, Is Alibaba Stock a Buy, a Sell, or Fairly Valued?]( - [10 Moat Stocks That Are Leading the Rally]( - [The Best Energy Stocks to Buy Now]( - [6 Newly Undervalued 4-Star Stocks]( Highlights of This Week’s Market and Investing Events - Monday, Dec. 2: October Construction Spending, November ISM Manufacturing, earnings from Zscaler [ZS]( - Tuesday, Dec. 3: October Job Openings and Labor Turnover Survey, earnings from Salesforce [CRM]( - Wednesday, Dec. 4: November ADP Employment Survey, November ISM Services PMI, Federal Reserve Beige Book - Thursday, Dec. 5: Earnings from Lululemon Athletica [LULU]( - Friday, Dec. 6: November Employment Situation Report, October Consumer Credit, December Preliminary University of Michigan Index of Consumer Sentiment ADVERTISEMENT [media]( [media] [Warren Buffett Is Buying These 2 Stocks. You Probably Shouldn’t]( [Warren Buffett Is Buying These 2 Stocks. You Probably Shouldn’t]( Berkshire Hathaway recently bought shares of these companies, but we think these stocks are unattractive today. Susan Dziubinski [Watch Now]( Share: [facebook]( [twitter]( [linkedin]( [18 Newly Overvalued Stocks for the Week]( [18 Newly Overvalued Stocks for the Week]( S&P Global and CrowdStrike are among the stocks that are now expensive. Bella Albrecht [6 New 4-Star Stocks]( [6 New 4-Star Stocks]( Siemens and Target are among the stocks that fell into undervalued territory. Bella Albrecht [10 Moat Stocks That Are Leading the Rally]( [10 Moat Stocks That Are Leading the Rally]( Wide- and narrow-moat stocks are far outperforming no-moat names in 2024. Bella Albrecht [Trump’s Tariffs: A Wild Card for the Markets in 2025]( [Trump’s Tariffs: A Wild Card for the Markets in 2025]( Price hikes are possible; diverse supply chains are a must. Sarah Hansen [Why Our Best Investment Ideas for 2025 Are Outside the US]( [Why Our Best Investment Ideas for 2025 Are Outside the US]( Many large US company stocks appear to be expensive. Here are other investment opportunities heading into the new year. Philip Straehl, Michael Field [After Earnings, Is Alibaba Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Alibaba Stock a Buy, a Sell, or Fairly Valued?]( With market share loss in China’s e-commerce business, here’s what we think of Alibaba stock. Chelsey Tam [After Earnings, Is Walmart Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Walmart Stock a Buy, a Sell, or Fairly Valued?]( With Sam’s Club sales and increased operating margins, here’s what we think of Walmart stock. Noah Rohr [The Best Energy Stocks to Buy Now]( [The Best Energy Stocks to Buy Now]( These five undervalued energy stocks look attractive today. Tori Brovet, Margaret Giles [CrowdStrike: Solid Q3 But Profit Margins Under Pressure]( [CrowdStrike: Solid Q3 But Profit Margins Under Pressure]( We remain optimistic about the firm’s long-term growth opportunity even after the summer IT outage. Malik Ahmed Khan [Macy’s: Unfortunate Earnings Delay, but Preliminary Sales Match Expectations]( [Macy’s: Unfortunate Earnings Delay, but Preliminary Sales Match Expectations]( We continue to see Macy’s stock as undervalued. David Swartz [Recent Company Earnings]( [Recent Company Earnings]( Discover new actionable opportunities today with our latest earnings coverage and analyst insights. Think Like an Analyst With Morningstar Investor Understand funds and stocks from all angles with Morningstar Investor's powerful—and proven—investment ratings and research. Find and compare securities using our comprehensive valuation and performance metrics and get our continuous, unbiased take on the long-term value of thousands of investment opportunities. Investor is your one-stop shop for making better investment decisions. [Start your free trial today](. 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. Washington St. Chicago, IL 60602