Ultimate Stock-Pickers: Top 10 Buys and Sells
Top managers continue to find new opportunities, while taking full advantage of a rising stock market to book some gains.
By Greggory Warren, CFA | Senior Stock Analyst
The rally in U.S. equity markets over the last five-plus years has led to a trebling of the S&P 500 Index--from a low of 676.53 on March 9, 2009, to a near record high of 2067.56 on Nov. 28, 2014--and has seen the market advance with relatively few corrections (of more than 5%), the last one taking place during the back half of 2012. Although the markets went a little haywire near the end of September (and start of October), they never quite made it into correction territory, and quickly recovered any of the ground that was lost and pushed on to new highs. While this has benefited the portfolios of most investors, it has limited the options for our Ultimate Stock-Pickers, many of whom continue to struggle to find ways to put new money to work.
The Morningstar Ultimate Stock-Pickers Team does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
We’d like to share more about how we work and what drives our day-to-day business.
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.
How we use your information depends on the product and service that you use and your relationship with us. We may use it to:
To learn more about how we handle and protect your data, visit our privacy center.
Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.
To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
Read our editorial policy to learn more about our process.