Thursday, April 17, 2014
STOCK INVESTING
Though currently a small percentage of the sector, distributed generation is a threat that could erode utilities firms' moats over the long term, say Morningstar's Matt Coffina and Travis Miller.
EARNINGS NEWS
Google’s return on capital for projects are likely to be lower than in the past, but the firm remains a solid core holding, says Morningstar’s Rick Summer.
MORNINGSTAR MINUTE
The screening processes for high-quality dividend payers may not be as effective in emerging markets.
    FUND SPY
    Finding a balanced equity natural-resources fund can be challenging.
    HEARD ON THE BOARDS
    What tips would you give others who are making financial gifts?
      Morningstar Minute
      WIDE-MOAT SPOTLIGHT
      A strong network effect, with scale and bargaining power, provides this wide-moat firm a long runway of opportunity to gain market share in the coming years.
        Morningstar Specialists
        SAM LEE: RATIONAL INVESTING
        Using the latest factor research to identify the drivers of Vanguard Dividend Appreciation's outperformance.
          BOB JOHNSON: READING INDICATORS
          Chinese imports and exports are lagging, indicating a slower growth economy.
            REKENTHALER REPORT
            What Michael Lewis didn't write.
              CHRISTINE BENZ: REAL-LIFE FINANCE
              Whether you're hunting for bargains or seeking simple solutions when investing your 2013 IRA contribution, Morningstar's Christine Benz has some ideas for you.
                JOSH PETERS: DIVIDEND INVESTING
                It's a mistake to assume MLPs will continuously increase their distributions, says DividendInvestor editor Josh Peters, who discusses why he recently sold
                several names.
                  MATT COFFINA: WIDE-MOAT INVESTING
                  These firms are leaders in the insulin market and are positioned to bring next-generation blockbusters to market, says Morningstar's Matt Coffina and Karen Andersen.
                    Mutual Funds
                    FIVE-STAR INVESTOR
                    They're not the biggest names in the fund world, but these small shops have proven track records of protecting investors' interests.
                      Stocks
                      STOCK STRATEGIST
                      The recent sell-off makes wide-moat Amazon even more attractive.
                        ETFs
                        ETF INVESTING
                        Low-volatility strategies can work well in more-volatile asset classes.
                          Real Life Finance
                          THE SHORT ANSWER
                          Green is good, and red is bad. But what do the ratings mean?
                            Perspectives
                            Kellogg School of Management
                            The timing of a bankruptcy filing shapes the verdict and has consequences for all of us.
                              Bonds
                              VIDEO REPORT
                              Instead of outguessing short-term interest rate moves, fund shop Baird looks to add value on yield curve positioning, individual security selection, and sector allocation, and is currently finding opportunities in corporates.
                                Closed-End Funds
                                CEF WEEKLY
                                A sound, repeatable process executed by an experienced team drove us to upgrade our rating on this CEF.
                                  Market Barometer
                                  Lg
                                  Md
                                  Sm
                                  Value—Growth
                                  Day Return
                                  +1.25%
                                  0
                                  -1.25%
                                  1Wk Return
                                  +1.25%
                                  0
                                  -1.25%
                                  1Mo Return
                                  +4%
                                  0
                                  -4%
                                  3Mo Return
                                  +8%
                                  0
                                  -8%
                                  1Yr Return
                                  +20%
                                  0
                                  -20%
                                  3Yr Return
                                  +20%
                                  0
                                  -20%
                                  1Wk1Mo3Mo1Yr3Yr
                                  Market Consensus
                                  312K
                                  Actual
                                  304K
                                  Market Consensus
                                  2800K
                                  Actual
                                  2739K
                                  Market Consensus
                                  8.6
                                  Actual
                                  16.6
                                  Market Consensus
                                  NA
                                  Actual
                                  Market Consensus
                                  NA
                                  Actual
                                  Market Consensus
                                  NA
                                  Actual
                                  Market Indexes
                                  DJIA
                                  16,441
                                  15.9
                                  0.1%
                                  S&P 500
                                  1,868
                                  6.0
                                  0.3%
                                  NASDAQ
                                  4,106
                                  20.3
                                  0.5%
                                  Morningstar U.S. Market
                                  4,727
                                  16.7
                                  0.4%
                                  Morningstar Small Cap
                                  7,336
                                  43.6
                                  0.6%
                                  Commodity Futures
                                  Gold
                                  $1,293.80
                                  -0.71%
                                  Apr 14
                                  Light Crude
                                  $104.31
                                  0.53%
                                  May 14
                                  Natural Gas
                                  $4.73
                                  4.46%
                                  May 14
                                  Maturity
                                  %Yield
                                  6 Month
                                  0.05
                                  2 Year
                                  0.39
                                  5 Year
                                  1.67
                                  10 Year
                                  2.65
                                  30 Year
                                  3.45
                                  1 Yr Ago
                                  Last Close
                                  Data as of last close