Thursday, July 24, 2014
Earnings Insights
The social-networking firm's second-quarter ad revenue soared, particularly in the mobile business, but despite Facebook's upward potential, shares are slightly overvalued at current prices, says Morningstar's
Rick Summer.
Fund Investing with Russ Kinnel
Investors concerned about putting money to work in a fully valued equity market might find comfort in these conservatively managed portfolios, says Morningstar's
Russ Kinnel.
The Error-Proof Portfolio
In their efforts to avoid certain risk factors, investors may be inadvertently exacerbating others, says Morningstar's Christine Benz.
Morningstar Minute: ETF Favorites
With its size-meets-value approach, this large-cap fund could be a suitable core holding.
    Heard on the Boards
    Did you retire early--say, prior to age 65? If so, we'd like to hear how you did it--especially if you managed to retire early without taking an Internet company public or inheriting a lot of money from your parents.
      Morningstar Minute
      Wide Moat Spotlight
      This company regularly considers an additional fifth special dividend per year, which can turn into a nice payout for shareholders.
        Earnings Insights
        Stock Analyst Notes
        Management's cost-cutting, restructuring, and strategic moves should help Microsoft regain lost ground in the mobile devices and the cloud, says Morningstar’s
        Norm Young.
        Morningstar Specialists
        Sam Lee: Rational Investing
        And when to make big bets.
          Christine Benz: Real-life Finance
          Longevity annuities might be a newly available option for your IRA, but retirees should weigh the pros and cons before buying these vehicles.
            Rekenthaler Report
            Insights from Bernstein's new book, Rational Expectations.
              Bob Johnson: Reading Indicators
              Increasing employment and income data suggest that retail sales could accelerate even more from here, says Morningstar's Bob Johnson.
                Russ Kinnel: Fund Investing
                Keep an eye on these Medalist funds that have hefty weightings in energy and materials, says Morningstar's Russ Kinnel.
                  Josh Peters: Dividend Investing
                  Companies are buying back shares at near-record levels, but Morningstar's Josh Peters says firms can serve shareholders much better with dividends rather than stock repurchases.
                    Matt Coffina: Wide-Moat Investing
                    With the uptick in merger and acquisition activity, whether it be for tax-inversion or strategic reasons, investors should focus on the target company, which can benefit from the deal immediately, says Morningstar's Matt Coffina.
                      ETFs
                      ETF Investing
                      Fickle foreign portfolio flows add another dimension of volatility.
                        Real Life Finance
                        The Short Answer
                        We clear up terms such as margin of safety, risk-free rate of return, and sensitive stocks.
                          Stocks
                          Special Report
                          In this final excerpt from their new book, Morningstar's Heather Brilliant and Elizabeth Collins examine how companies can build competitive advantages around network effect and scale efficiency.
                          Mutual Funds
                          Fund Spy
                          A shift is under way in the makeup of the taxable-bond universe.
                            Perspectives
                            Perspectives: GMO
                            GMO's Jeremy Grantham looks back at investing mistakes made over his 47-year career, expresses his concerns about a highflying market as well as a dearth of food and fertilizer, and revisits the Keystone.
                              Bonds
                              Video Report
                              The risk of bank-loan defaults is muted at the same time investor demand for such products remains elevated, but this volatile asset class is not for near-term cash needs, says Fidelity's Eric Mollenhauer.
                                Closed-End Funds
                                CEF Weekly
                                Regional equities struggled but MLPs surged ahead in the first half of 2014.
                                  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
                                  308K
                                  Actual
                                  284K
                                  Market Consensus
                                  2533K
                                  Actual
                                  2500K
                                  Market Consensus
                                  475K
                                  Actual
                                  406K
                                  Market Consensus
                                  NA
                                  Actual
                                  90 bcf
                                  Market Consensus
                                  0.3%
                                  Actual
                                  Market Consensus
                                  0.7%
                                  Actual
                                  Market Indexes
                                  DJIA
                                  17,108
                                  21.2
                                  0.1%
                                  S&P 500
                                  1,990
                                  3.1
                                  0.2%
                                  NASDAQ
                                  4,479
                                  5.7
                                  0.1%
                                  Morningstar U.S. Market
                                  5,020
                                  9.3
                                  0.2%
                                  Morningstar Small Cap
                                  7,565
                                  23.9
                                  0.3%
                                  Commodity Futures
                                  Gold
                                  $1,297.50
                                  -0.54%
                                  Jul 14
                                  Light Crude
                                  $102.71
                                  -0.40%
                                  Sep 14
                                  Natural Gas
                                  $3.85
                                  2.23%
                                  Aug 14
                                  Maturity
                                  %Yield
                                  6 Month
                                  0.05
                                  2 Year
                                  0.50
                                  5 Year
                                  1.67
                                  10 Year
                                  2.48
                                  30 Year
                                  3.26
                                  1 Yr Ago
                                  Last Close
                                  Data as of last close