Morningstar

US Market Fair Value

Market valuation is derived from the median price/fair value of constituent companies, as evaluated by Morningstar analysts.

Most Undervalued Stocks

Screen With Investor

Name	Evaluated Price	Fair Value / Uncertainty	Price/Fair Value	Morningstar Rating for Stocks
Clarivate PLC Ordinary Shares CLVT	$1.76	$5.50 High	0.32
Tencent Music Entertainment Group ADR TME	$8.44	$24.00 High	0.35
Lululemon Athletica Inc LULU	$96.53	$255.00 High	0.38
LOCK\| mZdL@^%! >NwM DWGNY	$3.99	$10.00 High	0.40
LOCK\|JT?Nd wd<xF<^?R!Dnk P@k ZWTSM	$78.26	$187.00 High	0.42
LOCK\|^kY^ Y!F?%FpNGf @@qy> FXHS	$40.31	$95.00 Medium	0.42

Most Overvalued Stocks

Screen With Investor

Name	Evaluated Price	Fair Value / Uncertainty	Price/Fair Value	Morningstar Rating for Stocks
Kinross Gold Corp KGC	$23.82	$9.30 High	2.56
Charles River Laboratories International Inc CRL	$344.87	$145.00 High	2.38
Agnico Eagle Mines Ltd AEM	$187.36	$87.00 High	2.15
LOCK\|#@>vwv-#Lr%@>$ M&@BD VHM	$68.90	$32.00 High	2.15
LOCK\|^ sWksJP<?&< fhs!B# nc v%$ J!<qB %@qK ZVKT	$132.82	$67.00 Medium	1.98
LOCK\|yT$&@ GW%s^^$% ^@M NZTNQ	$662.48	$370.00 Medium	1.79

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