Don't Overpay for Foreign Exposure
Morningstar's Heather Brilliant says better revenue opportunities exist in the U.S. now than in foreign markets, and investors should demand discounts for firms with large non-U.S. sales footprints.
Jason Stipp: I'm Jason Stipp for Morningstar. We're well into third-quarter earnings season and a few interesting trends have emerged but what devaluations look like? We're checking in today with Morningstar global director of equity research Heather Brilliant to get some insights on how stocks are priced.
Thanks for joining me, Heather.
Jason Stipp does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.