Friday, August 01, 2014
Friday Five
This week we raised our fair value for Twitter, maintained our fair value for Yum Brands in the wake of bad news, and sized up T-Mobile's newest suitor.
The Economy
Morningstar’s Bob Johnson sees the addition of jobs in the higher-paying sectors and a stable hours-worked metric as good signs for the labor market.
Dividend Investing
Paychex is one of a few firms with both an abundant capacity to pay a big dividend and a strong willingness to do so, says Morningstar’s Josh Peters.
Stock News
Plans to shed half of its brands should help enhance P&G’s intangible assets and its cost advantages, says Morningstar’s Erin Lash.
Morningstar Minute: Stock of the Week
The recent decline in same-store sales growth at TJX is being driven by temporary weather trends and not an erosion of the firm's moat.
    Morningstar Minute
    Category Overview
    Despite muted expectations for the high-yield space, Morningstar analyst Sumit Desai identifies two solid funds for investors seeking exposure.
      Morningstar Specialists
      Christine Benz: Real-life Finance
      A review of the data--plus weighing the intangibles--can help you arrive at the right decision.
        Matt Coffina: Wide-Moat Investing
        Recent decelerating revenue growth has disappointed investors but is a temporary phenomenon, says Morningstar StockInvestor editor Matt Coffina.
          Russ Kinnel: Fund Investing
          Index funds aren't the only vehicles suitable for taxable accounts, and Morningstar's Russ Kinnel offers three names that can help minimize the tax hit.
            Sam Lee: Rational Investing
            State Street's newly launched MSCI Quality Mix exchange-traded funds offer good value.
              Bob Johnson: Reading Indicators
              June CPI data showed some moderation, and consumers could see more price relief in the future, says Morningstar's Bob Johnson.
                Josh Peters: Dividend Investing
                Planned consolidation should contribute to better pricing power in this shrinking industry, but one name stands out among the rest.
                  Rekenthaler Report
                  Yes, they do affect retail funds.
                    Stocks
                    Stock Strategist
                    Challenges from Canadian operations and data breach await him.
                      Real Life Finance
                      College Savings Radar
                      College remains a good long-term investment, but years of stagnant wages and student debt await recent graduates.
                        Mutual Funds
                        Fund Spy
                        Looking at 10 years of fund flows through the lens of volatility.
                          Perspectives
                          Perspectives: Schwab
                          Are the U.S. equity market's recent stumbles bumps in the road or something more serious?
                            ETFs
                            ETF Spotlight
                            China enthusiasts can now gain access to China's A-share market via ETFs.
                              Closed-End Funds
                              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.
                                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
                                NA
                                Actual
                                Market Consensus
                                NA
                                Actual
                                Market Consensus
                                220K
                                Actual
                                209K
                                Market Consensus
                                225K
                                Actual
                                198K
                                Market Consensus
                                6.1%
                                Actual
                                6.2%
                                Market Consensus
                                0.2%
                                Actual
                                0.0%
                                Market Indexes
                                DJIA
                                16,493
                                -69.9
                                -0.4%
                                S&P 500
                                1,925
                                -5.5
                                -0.3%
                                NASDAQ
                                4,353
                                -17.1
                                -0.4%
                                Morningstar U.S. Market
                                4,855
                                -13.4
                                -0.3%
                                Morningstar Small Cap
                                7,283
                                -26.4
                                -0.4%
                                Commodity Futures
                                Gold
                                $1,293.10
                                0.92%
                                Aug 14
                                Light Crude
                                $97.62
                                -0.56%
                                Sep 14
                                Natural Gas
                                $3.80
                                -1.17%
                                Sep 14
                                Maturity
                                %Yield
                                6 Month
                                0.05
                                2 Year
                                0.53
                                5 Year
                                1.76
                                10 Year
                                2.58
                                30 Year
                                3.32
                                1 Yr Ago
                                Last Close
                                Data as of last close