Morningstar's Take on the Second Quarter
Our analysis of the second quarter in stocks and funds. Also, undervalued stocks and quarter-end index and fund category data.
Quarter-End Insights
A quarterly recap on the performance of stocks, bonds, and funds.
Latest
Stock Market Outlook: Energy Compelling as Oil Ends Quarter Where It Began
The energy sector is the most attractive from a valuation perspective, particularly oil-services stocks.
Basic Materials: Opportunities Surface Amid Share Price Declines
We're especially keen on the uranium, lithium, and lumber industries.
Consumer Cyclical: Tariff Uncertainty Leads to Attractive Valuations
Brexit and tariffs weighed on the sector last quarter.
Consumer Defensive: Few Values in this Pricey Sector
Market continues to underappreciate tobacco stocks.
Healthcare: Drugmakers and Providers Look Attractive
We're finding some opportunity in a sector that's fairly valued overall.
Financial Services: Despite Recession Fears, We Find Value in Banks
The sector overall is slightly undervalued.
Industrials: Bargains Among Industrial Distributors, Farm & Construction Machinery
The stocks in this sector look fairly valued, and tariffs seem to be only a minor threat.
Utilities: Rich Prices Could Limit Defensive Prowess
The sector is trading at the largest premium to our fair value estimate since 2017.
Technology: Opportunities Pepper Most Subsectors
We expect U.S.-China trade talks to lead to greater end product demand down the road.