Contrarian Stock Plays for Q2

Plus – GE’s spinoff, what you need to know about bitcoin halving, two top renewable energy picks. [Morningstar](?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_smartinvestor&utm_content=52985&elqTrackId=ec8079ccf70d4d7dbea63ec0a83b42f5&elq=f902e8e1dc904a5283c9eb2d35bc5e0f&elqaid=52985&elqat=1&elqCampaignId=26797) [Smart Investor] Smart Investor [Tom Lauricella, chief markets editor]( Connect with Tom on [LinkedIn]( [Tom Lauricella] In this week's newsletter: - [Q2 Stock Market Outlook: Contrarian Plays Increasingly Attractive]( - [What the Next Bitcoin Halving Means for ETF Investors]( - [Investment Opportunities In US Renewable Energy]( - [What Investors Need to Know About GE’s Spinoff]( - [Celsius Stock Has Soared 206%. Is It a Buy or a Sell?]( Okay, who had all of this on their first-quarter market bingo card: Inflation comes in hot, Federal Reserve rate cuts are pushed out and pared back, bond yields rise … and stocks rally 10%. While the macroeconomic backdrop may not have been much of a surprise, given how strong the economy was in the second half of 2023, the logical assumption might not have been that stocks could continue to rally as strongly as they have. Yet that’s what we’re looking at as the first quarter of 2024 ends. And with that, we kick off our quarter-end coverage with the [latest stock market outlook]( from Morningstar chief US strategist Dave Sekera, who examines the rally and opportunities for investors to put money to work. His suggestion: think contrarian. Stay tuned this coming week for our full quarterly market reviews and outlooks, including a look at the best-performing stocks and funds, along with sector-by-sector analysis from Morningstar’s research team. While stocks had a good quarter, cryptocurrencies had a great one, with bitcoin up more than 60%. As the next quarter gets underway, crypto investors are focused on an imminent bitcoin halving. What is this, and what does it mean for the currency and investors in bitcoin exchange-traded funds? [Valerio Baselli explains](. Elsewhere, we’ve got a deep dive into renewable energy stocks from Morningstar analyst Brett Castelli. Despite challenges, demand is surging for solar. He looks at the landscape and [offers two top picks](. Speaking of clean energy, this week brings an important event for a household name. On Tuesday, GE will spin off its clean energy business into GE Vernova. Here’s Joshua Aguilar’s [take on what GE investors need to know]( with Morningstar’s outlook on the new company and the remaining GE Aerospace biz. Lastly, we take a close look at one of the year’s best-performing stocks--and no, it’s not an artificial intelligence play. (Unless you count what health-conscious engineers might be drinking.) Beverage maker Celsius is up nearly 70% in 2024 and more than 200% over the past year. We take a look at [what’s been driving the company’s rally]( and Morningstar’s thinking on its outlook. That’s it for this week! As always, check out our [Markets page]( for our latest coverage and live stock market updates, along with our [weekly calendar]( of key upcoming data and events. Did a friend forward this email? [Sign up here](. [Q2 Stock Market Outlook: Contrarian Plays Look Increasingly Attractive]( [Q2 Stock Market Outlook: Contrarian Plays Look Increasingly Attractive]( We see investment opportunities in what’s underperformed, unloved, and undervalued. David Sekera [Read More]( Share: [facebook]( [twitter]( [linkedin]( ADVERTISEMENT [media]( [media] Markets and the Economy [What’s Happening In the Markets This Week]( [What’s Happening In the Markets This Week]( March jobs report, consumer credit, and JOLTS job openings ahead. Bella Albrecht [What the Next Bitcoin Halving Means for ETF Investors]( [What the Next Bitcoin Halving Means for ETF Investors]( The fourth halving in bitcoin history will take place in mid-April. Here’s why this time could be different. Valerio Baselli [Investors Can Find More Than Gold in the Mining Industry]( [Investors Can Find More Than Gold in the Mining Industry]( Moats are rare in the mining space—with one exception. Jon Mills [An Ultracheap Stock to Buy in a Rallying Sector]( [An Ultracheap Stock to Buy in a Rallying Sector]( This 35% undervalued stock is one of our top picks in the sector today. Brian Colello [Celsius Stock Has Soared 206%. Is It a Buy or a Sell?]( [Celsius Stock Has Soared 206%. Is It a Buy or a Sell?]( The beverage maker’s stock price has surged thanks to big gains in market share and strong earnings. Diana Anghel [10 Undervalued Wide-Moat Stocks]( [10 Undervalued Wide-Moat Stocks]( Cheap high-quality names from the Morningstar Wide Moat Focus Index are attractive stocks to buy for long-term investors. Susan Dziubinski [What Investors Need to Know About GE’s Spinoff]( [What Investors Need to Know About GE’s Spinoff]( GE stock holders will receive shares in a clean energy spinoff. Here’s Morningstar’s outlook. Joshua Aguilar [Investment Opportunities in US Renewable Energy]( [Investment Opportunities in US Renewable Energy]( New regulations in California spurred a surge in customer demand for solar energy. Brett Castelli [Peter Mallouk: The Financial Advice Industry Is ‘Still Very Messy’]( [Peter Mallouk: The Financial Advice Industry Is ‘Still Very Messy’]( The founder and CEO of Creative Planning on why AI in financial advice is ‘inevitable’ and whether financial advisors will face fee compression. Christine Benz, Amy Arnott Popular This Week [3 Great Growth ETFs for 2024]( Highly rated strategies that tap into the market’s highflyers. Ryan Jackson [The Best Target-Date Funds for 2024]( Six picks that earn a Morningstar Medalist Rating of Gold. Megan Pacholok [How to Choose Great ETFs for the Long Term]( Avoiding problematic ETFs goes a long way. Daniel Sotiroff [The Best International Stock Index Funds]( Excellent choices abound in five investment categories. John Rekenthaler [5 Cheap Sustainable Stocks With Moats]( Etsy, BorgWarner, Sirius, Aptiv, and Charter Communications are trading more than 50% below fair value. Muskaan Hemrajani, Leslie Norton Get Top Stock Picks and Market Insights Every Week on The Morning Filter. Every Monday morning, Susan Dziubinski sits down with Morningstar Chief U.S. markets strategist Dave Sekera to discuss what's on his radar, new Morningstar research, and stock picks or plans for the week ahead. [Watch Now.](morningstar/streams?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_smartinvestor&utm_content=52985) Stay connected: [twitter]( [facebook]( [linkedin]( [instagram]( [YouTube]( [Apple News]( [View online]( | [See all newsletters]( | [Share your feedback]( [Unsubscribe]( from this newsletter. Or update your [email preferences](. © 2024 Morningstar, Inc. All Rights Reserved. 22 W. Washington St. Chicago, IL 60602