3 Stocks to Invest In With More Room to Run

Susan Dziubinski: Hi, I’m Susan Dziubinski, co-host of The Morning Filter podcast. On a recent episode, Morningstar chief US market strategist Dave Sekera talked about several stocks that have done well recently, yet still look undervalued. Dave’s picks were Albemarle ALB, CNH Industrial CNH, Amphenol APH, and Becton Dickinson BDX.

In today’s bonus stock-pick segment, we’re taking a look at three more stocks to invest in that are up quite a bit in 2026, but that still look undervalued.

3 Stocks to Invest In With More Room to Run

1. LyondellBasell Industries LB
2. STMicroelectronics STM
3. Park Hotels & Resorts PK

Our first stock to buy with more room to run is LyondellBasell Industries. The company is one of the largest petrochemical producers in the world. Morningstar assigns the firm a narrow

based on cost advantages and intangible assets. The conflict in the Middle East has provided some relief for commodity chemical pricing and has helped the stock this year. But we think there could be further upside here. LyondellBasell is divesting assets in Europe, which will unlock cash that the firm can use to protect its dividend and balance sheet and improve its competitive positioning. We think the stock is worth $75 per share.

Read Morningstar’s full report on LyondellBasell Industries.

Our second stock to invest in with gas left in the tank is STMicroelectronics. The company is one of Europe’s largest chipmakers and it holds one of the broadest product portfolios in the industry. Morningstar thinks the company has carved out a narrow economic moat based on intangible assets stemming from its design expertise and customer switching costs because its products are rarely swapped out once designed into a given electronics device. The company has some promising growth opportunities before it in automotive products, AI data centers, and low earth orbit satellites. We assign STMicroelectronics a $72 fair value estimate.

Read Morningstar’s full report on STMicroelectronics.

Our final stock to buy that’s doing well but still has more upside is Park Hotels & Resorts. This REIT has a portfolio of mostly upper-upscale hotels that are high-quality assets in major urban and resort locations. It’s experiencing some very strong growth this year in revenue per available room and EBITDA growth. We expect the strong growth to continue for several more quarters. Why? Well, the Royal Palm hotel, which has been closed for renovation, recently reopened, and other renovations done lately to the core portfolio should translate into continued growth. We think this REIT is worth $20.50 per share.

Read Morningstar’s full report on Park Hotels & Resorts.

For more stock ideas, be sure to tune in to The Morning Filter each week wherever you get your podcasts and visit morningstar.com, too.

Morningstar senior analysts Kevin Brown and Brian Colello and analyst Christian Fleming provided the research behind this segment.

Watch 2 Undervalued Stocks to Buy Before They Rebound for more from Susan Dziubinski.