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Weekly Wrap: Alphabet and Facebook Show Their Digital Dominance

Results from the two wide-moat Internet giants were a highlight of the week along with results from a slew of other companies, from McDonald's to Verizon.

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It was a busy earnings week, and the Fed held pat as expected at its meeting. Here's a look at what Morningstar's analysts think of the latest news.

 Procter & Gamble (PG) reported on the heels of activist Nelson Peltz seeking a board seat. But even without him, analyst Erin Lash thinks the firm is "poised to realize accelerating sales and volume growth" and that the company looks modestly undervalued today.

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Jeremy Glaser does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.