3 Cheap Stocks to Watch in the Fight Over Sports Streaming

Plus: The Best Stock to Buy Now in a Growing Industry, 5 Top Dividend Stocks to Buy From the Best Managers, The Best Chinese Stocks to Buy, and more. [Morningstar](?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_stockstrategist&utm_content=53310&elqTrackId=4864ce58ada643959fe966878e6e1da8&elq=ec6deba219674974b99ac5beac1b1046&elqaid=53310&elqat=1&elqCampaignId=27028) [Stock Strategist] Stock Strategist April 15, 2024 Good Morning! Here's the rundown of what's happening in the stock market. So much for the Magnificent Seven. These days it’s more like the Magnificent Five, with Apple and Tesla posting losses for the year. [We take a close look at what’s happening]( with these two investor darlings, and what Morningstar analysts think of their outlook. For dividend-stock investors, we’ve got three new pieces to offer up this week. Susan Dziubinski has [five dividend stock picks]( from top fund managers, David Harrell highlights [three income-paying names]( and we have our monthly screen of [undervalued stocks that just raised dividends](. This month, that list includes a fertilizer company and a couple of REITS. Also, earnings season is underway, kicking off with the banks. Our coverage highlights begin below, and for a complete look at Morningstar’s take on first-quarter earnings, check out [our new company earnings page](. Highlights of This Week’s Market and Investing Events: - Monday, April 15: March [Retail Sales]( (month to month): 0.35% vs. 0.60% in Feb. - Tuesday, April 16: Earnings from Bank of America [BAC]( Johnson & Johnson [JNJ]( - Thursday, April 18: Earnings from Netflix [NFLX]( - Friday, April 19: Earnings from Procter & Gamble [PG]( Check out our full [weekly calendar]( of economic reports and corporate earnings. For The Trading Week Ended April 12: - The Morningstar US Market Index fell 1.65%. - The best-performing sectors were technology, down 0.48%, and communication services, down 1.17%. - The worst-performing sector was financial services, down 3.59%. - Yields on 10-year US Treasury notes rose to 4.50% from 4.39%. - West Texas Intermediate crude prices fell 2.52% to $85.48 per barrel. - Of the 704 US-listed companies covered by Morningstar, 82, or 12%, were up, two were unchanged, and 620, or 88%, were down. Which Stocks Are Up? Apartment Income REIT [AIRC]( Fastly [FSLY]( Blackbaud [BLKB]( Insulet [PODD]( and BioMarin Pharmaceutical [BMRN](?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_stockstrategist&utm_content=53310&elqTrackId=2761cd0f59fc4d2399c0927af39092ac&elq=ec6deba219674974b99ac5beac1b1046&elqaid=53310&elqat=1&elqCampaignId=27028). Which Stocks Are Down? Hexcel [HXL]( CarMax [KMX]( , ChargePoint [CHPT]( VF [VFC]( and Shoals Technologies [SHLS](. And Don't Miss: - [Magnificent No More? Apple and Tesla Stocks Are Weighing on the Market]( - [The Best Stock to Buy Now in a Growing Industry]( - [3 Dividend Stocks for April 2024]( - [Tesla Stock Is Down 30% In 2024. Is It a Buy?]( - [15 Stocks That Have Destroyed the Most Wealth Over the Past Decade]( Did a friend forward this email? You can [sign up for free here](. ADVERTISEMENT [media]( [media] [3 Cheap Stocks to Watch in the Fight Over Sports Streaming]( [3 Cheap Stocks to Watch in the Fight Over Sports Streaming]( Also, Netflix’s and Disney’s edge against their rivals. Matthew Dolgin, Michael Hodel, Ivanna Hampton [Watch Now]( Share: [facebook]( [twitter]( [linkedin]( [The Best Stock to Buy Now in a Growing Industry]( [The Best Stock to Buy Now in a Growing Industry]( This 20% undervalued wide-moat stock is our top pick in software today. Dan Romanoff [Magnificent No More? Apple and Tesla Stocks Are Weighing on the Market]( [Magnificent No More? Apple and Tesla Stocks Are Weighing on the Market]( Concerns about slowing growth are affecting the stock prices of these two investor favorites. Sarah Hansen [3 Dividend Stocks for April 2024]( [3 Dividend Stocks for April 2024]( The dividend prospects of three firms with wide or narrow Morningstar Economic Moat Ratings. David Harrell [The Best Chinese Stocks to Buy]( [The Best Chinese Stocks to Buy]( These five undervalued Chinese stocks look attractive today. Sbidag Demerjian [Tesla Stock Is Down 30% In 2024. Is It a Buy?]( [Tesla Stock Is Down 30% In 2024. Is It a Buy?]( Tesla’s stock price has slid as investors reset expectations for slower growth. Diana Anghel [Going Into Earnings, Is Netflix Stock a Buy, a Sell, or Fairly Valued?]( [Going Into Earnings, Is Netflix Stock a Buy, a Sell, or Fairly Valued?]( With an eye on Q1 subscription trends, here’s what we think of Netflix stock. Matthew Dolgin [Going Into Earnings, Is Schwab Stock a Buy, a Sell, or Fairly Valued?]( [Going Into Earnings, Is Schwab Stock a Buy, a Sell, or Fairly Valued?]( With slowing cash sorting and a focus on expenses, here’s what we think of Schwab stock. Michael Wong [Investment Opportunities in the Biopharma Industry]( [Investment Opportunities in the Biopharma Industry]( The industry faces pressure from expiring patents, but we think innovation will offset these losses. Karen Andersen, Damien Conover [Proxy Season 2024: How to Act Like an Owner]( [Proxy Season 2024: How to Act Like an Owner]( The basics of proxy voting and Morningstar’s analysis of the themes and companies that will dominate this year. Leslie Norton [The Best Technology Stocks to Buy ]( [The Best Technology Stocks to Buy]( Seven undervalued stocks offering attractive prices in a predominantly overvalued sector. Sbidag Demerjian [15 Stocks That Have Destroyed the Most Wealth Over the Past Decade]( [15 Stocks That Have Destroyed the Most Wealth Over the Past Decade]( These stocks have eroded shareholder value in dollar terms. Amy Arnott [4 Undervalued Stocks That Just Raised Dividends]( [4 Undervalued Stocks That Just Raised Dividends]( Mosaic and First Energy are among the cheap stocks with notable dividend increases in March. Tom Lauricella [5 Top Dividend Stocks to Buy From the Best Managers]( [5 Top Dividend Stocks to Buy From the Best Managers]( These cheap dividend stocks are popular among highly rated concentrated fund managers. Susan Dziubinski [The Best REITs to Buy]( [The Best REITs to Buy]( These seven undervalued real estate stocks pay dividends and trade at attractive prices. Sbidag Demerjian [5 Dirt-Cheap Stocks to Buy in April]( [5 Dirt-Cheap Stocks to Buy in April]( Plus, an earnings season outlook and new research on Tesla. David Sekera, Susan Dziubinski [What Hot Inflation and Delayed Rate Cuts Mean for Investors]( [What Hot Inflation and Delayed Rate Cuts Mean for Investors]( There are near-term headwinds but a long-term constructive outlook. Sarah Hansen [These 4 Charts Show Plunging Expectations for Fed Rate Cuts]( [These 4 Charts Show Plunging Expectations for Fed Rate Cuts]( The hot March CPI report has bond traders significantly paring back rate cuts in 2024. Tom Lauricella [Morningstar's Company Reports]( [Morningstar's Company Reports]( Discover actionable insights today. 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 pans for the week ahead. [Watch Now.](morningstar/streams?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_stockstrategist&utm_content=53310) Thanks for reading! 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