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
Ionis Pharmaceuticals Inc IONS	$28.42	$80.00 High	0.36
Gildan Activewear Inc GIL	$35.69	$95.00 Medium	0.38
Tencent Music Entertainment Group ADR TME	$9.33	$24.00 High	0.39
LOCK\| ?%<by?d& Gbf&Hv RZDFZ	$3.99	$10.00 High	0.40
LOCK\|Y<??x>v r>pp!nYdC >Kz HNSB	$110.37	$255.00 High	0.43
LOCK\|@H%Dj f$k!M?<K!CLMS z%<PLN CWCCV	$82.51	$187.00 High	0.44

Most Overvalued Stocks

Screen With Investor

Name	Evaluated Price	Fair Value / Uncertainty	Price/Fair Value	Morningstar Rating for Stocks
Charles River Laboratories International Inc CRL	$345.80	$145.00 High	2.38
Kinross Gold Corp KGC	$21.53	$10.00 High	2.15
Agnico Eagle Mines Ltd AEM	$190.46	$90.00 High	2.12
LOCK\|k ^#x#b' L&q^b&J!Q >%g KXYT	$108.18	$56.00 High	1.93
LOCK\|GyRr>^-VS>c!R^ qsvZFR MRCZ	$60.31	$33.00 High	1.83
LOCK\|Zy%Df ?&Bs?pBp #gKy ZFZMK	$664.54	$370.00 Medium	1.80

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