4 New 4-Star Stocks This Week
Deckers and Hasbro are among the stocks that fell into undervalued territory.
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Once a week, we screen the US-listed stocks under Morningstar’s coverage for newly undervalued names—those whose prices have just fallen into ranges worthy of 4- or 5-star
The four new 4-star stocks, ordered by market capitalization, are:
All returns in this article are reported in the stock’s base currency, and all data is sourced from Morningstar Direct.
What Is the Morningstar Rating for Stocks?
The Morningstar Rating can help investors identify stocks that are truly undervalued or overvalued, cutting through the market noise. The rating is determined by three factors: a stock’s price, its
The Latest Stock Valuation Changes
The Morningstar US Market Index rose 1.68% over the past week as of July 2, leaving the overall US stock market moderately undervalued, hovering at a 7% discount to its fair value estimate on a market cap-weighted basis.
Of the 875 US-listed stocks covered by Morningstar analysts:
- 35% are undervalued, 41% are fairly valued, and 23% are overvalued.
- Four are newly undervalued.
- 10 are newly overvalued.
- Five moved from a 4-star rating to a 5-star rating.
- 14 moved from a 5-star rating to a 4-star rating.
- None of the newly undervalued stocks jumped from a 3-star rating to a 5-star rating.
- 42 are no longer undervalued.
Metrics for This Week’s New 4-Star Stocks
Deckers Outdoor DECK
- Morningstar Rating: ★★★★
- Fair Value Estimate: $130.00
- Uncertainty Rating: Very High
Following a 0.12% gain over the past week, accessory firm Deckers saw its Morningstar Rating move to 4 stars from 3. Deckers has gained 6.49% over the past three months and has lost 1.42% over the past year. The small-core stock has a narrow economic moat. Deckers is trading at a 19% discount to its fair value estimate of $130 per share, with an Uncertainty Rating of Very High.
Hasbro HAS
- Morningstar Rating: ★★★★
- Fair Value Estimate: $100.00
- Uncertainty Rating: High
Leisure company Hasbro dropped 6.07% over the past week, bumping its Morningstar Rating to 4 stars from 3. The company’s stock is down 10.37% over the past three months and is up 6.69% over the past year. The stock’s price is 20% below its fair value estimate of $100 per share, with an Uncertainty Rating of High. The small-core stock has a narrow economic moat.
Stifel Financial SF
- Morningstar Rating: ★★★★
- Fair Value Estimate: $84.00
- Uncertainty Rating: High
Capital markets company Stifel gained 5.63% over the past week, shifting its Morningstar Rating to 4 stars from 3. Stifel has dropped 0.73% over the past three months and has climbed 2.25% over the past year. The stock is trading at a 13% discount to its fair value estimate of $84 per share, with an Uncertainty Rating of High. Stifel is a small-core company with a narrow economic moat.
Wynn Resorts WYNN
- Morningstar Rating: ★★★★
- Fair Value Estimate: $118.00
- Uncertainty Rating: High
Travel and leisure company Wynn dropped 4.51% over the past week, bumping its Morningstar Rating to 4 stars from 3. The company’s stock is down 5.75% over the past three months and 8.35% over the past year. The stock’s price is 19% below its fair value estimate of $118 per share, with an Uncertainty Rating of High. The small-core stock has a narrow economic moat.
This article was generated with the help of automation and reviewed by Morningstar editors. Learn more about Morningstar’s use of automation.
The author or authors do not own shares in any securities mentioned in this article. Find out about Morningstar’s editorial policies.
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