Morningstar

Weekly Market Update: Stocks End Week Flat as Consumer Defensives Rise and Consumer Cyclicals Fall

XPO was the top-gaining stock of the week, while Molina and Gartner both fell more than 25%.

Collage illustration for Consumer Defensive Sector with
Securities in This Article
Varonis Systems Inc
(VRNS)
Ford Motor Co
(F)
Albemarle Corp
(ALB)
XPO Inc
(XPO)
Molina Healthcare Inc
(MOH)

Stock Market Update for the Trading Week Ended Feb. 6

  • The Morningstar US Market Index edged up 0.04%.
  • The best-performing sectors were consumer defensive, up 5.83%, and industrials, up 5.61%.
  • The worst-performing sectors were consumer cyclicals, down 3.77%, and communication services, down 3.7%.
  • Large-cap stocks fell 0.88%, mid-cap stocks rose 2.3%, and small-cap stocks rose 3.24%.
  • Growth stocks fell 0.97%, blend stocks gained 1.13%, and value stocks rose 3.41%.
  • The S&P 500 fell 0.10% and the Nasdaq fell 1.84%.
  • Of the 828 US-listed companies covered by Morningstar, 514, or 62%, were up, none were unchanged, and 314, or 38%, were down.

Bonds and Commodities

  • Yields on 10-year US Treasury notes fell to 4.22% from 4.26%.
  • Yields on 2-year US Treasury notes fell to 3.50% from 3.52%.
  • West Texas Intermediate crude prices fell 3.39% to $63.51 per barrel.
  • Comex Gold prices rose 1.62% to $4,958.50.

Top Stock Gainers

XPO XPO, Enphase Energy ENPH, DaVita DVA, Adient ADNT, and Herc Holdings HRI were the top performers among US-listed stocks covered by Morningstar analysts.

  • XPO topped the list, rising 37.47%, and it’s up 34.18% over the past three months. This no-moat company with a 1-star rating has increased 36.17% over the past 12 months. The stock closed the week at $203.61, trading at a 64% premium to its fair value estimate of $113.00 per share.
  • Enphase was the second-best performer, with a weekly return of 34.67%. The 3-star stock has gained 46.80% over the last three months. Shares in this no-moat company are down 27.57% over the past 12 months. Enphase stock wrapped up the week at $49.80, trading at a 13% premium to its fair value estimate of $42.00 per share.
  • DaVita ranked third for the week, with its stock rising 28.8%. The 3-star, narrow-moat stock has gained 23.16% over the last three months but fell 15.63% over the past 12. DaVita stock closed at $140.83, trading near its fair value estimate of $156.00 per share.
  • The fourth-best-performing stock was narrow-moat Adient, which gained 27.21%. The 5-star stock has gained 26.18% over the last three months and is up 47.08% over the past 12 months. Adient finished the week at $26.46, trading at a 62% discount to its fair value estimate of $67.00 per share.
  • Herc stock climbed 25.79% in the latest week. This no-moat company has seen an increase of 24.63% over the last three months but a decline of 14.82% over the past 12 months. The 3-star stock ended the week at $180.31 per share, trading at a 9% premium to its fair value estimate of $158.00.

Top Stock Losers

Molina Healthcare MOH, Gartner IT, Snap SNAP, Varonis VRNS, and PayPal Holdings PYPL did the worst among US-listed stocks covered by Morningstar analysts.

  • Molina was the worst-performing stock of the week, falling 26.66%. This 4-star, narrow-moat company has risen 18.09% over the past three months but fell 44.22% over the past 12 months. The stock ended the week at $131.72, trading at a 43% discount to its fair value estimate of $311.00 per share.
  • Gartner took the second spot, with a 25.42% price decline this week. The no-moat company, rated 3 stars, has fallen 35.88% over the past three months and fell 71.90% over the past 12 months. Closing at $156.33, the stock trades at a 7% discount to its fair value estimate of $164.00 per share.
  • Snapchat came in third, experiencing a 24.68% drop this week. This 4-star, no-moat company has fallen 29.86% over the past three months and fell 51.83% over the past 12 months. The stock finished the week at $5.22, trading at a 43% discount to its fair value estimate of $9.00 per share.
  • Next up is Varonis, which saw its stock price fall by 24.02% this week. The no-moat company with a 3-star rating has fallen 36.54% over the past three months and fell 48.79% over the past 12 months. At $22.67, the stock trades at a 21% discount to its fair value estimate of $28.00 per share.
  • PayPal rounds out the list with a 23.35% decline this week. This 5-star, narrow-moat company has fallen 41.17% over the past three months and fell 49.44% over the past 12 months. The stock closed the week at $40.42, trading at a 50% discount to to its fair value estimate of $80.00 per share.

Highlights of This Week’s Market and Investing Events

The author or authors own shares in one or more securities mentioned in this article. Find out about Morningstar’s editorial policies.

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