After Earnings, Is Berkshire Hathaway Stock a Buy, a Sell, or Fairly Valued?

Plus: 4 Utility Stocks to Play the AI Data Center Boom, 3 Dividend Stocks for May, and Are AT&T, Microsoft and Ford Buys After Earnings? [Morningstar](?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_stockstrategist&utm_content=53977&elqTrackId=5f732e18f20a4af0b38ebdae5458be07&elq=8357b50b76e841e1ad7db8542b889035&elqaid=53977&elqat=1&elqCampaignId=27378) [Stock Strategist] Stock Strategist May 6, 2024 Good Morning! Here's the rundown of what's happening in the stock market. One of the big themes this earnings season has been the ripples from the artificial intelligence boom. One area that’s getting a lot of attention is the need to power all those AI-training data centers and that means more electricity. Morningstar analysts are [highlighting four utility stocks]( that appear best poised to profit from the AI boom. Elsewhere, we’ve got quarterly results from [Apple]( [Amazon]( [Novo Nordisk]( and [Albemarle](. Looking at the Magnificent Seven, all but Nvidia have reported, and we’ve pulled our coverage [together into one story](. For a more 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, May 6: Earnings from Palantir Technologies [PLTR]( - Tuesday, May 7: Earnings from Walt Disney [DIS]( - Wednesday, May 8: Earnings from Uber Technologies [UBER]( - Thursday, May 9: Earnings: Roblox [RBLX]( Groupon [GRPN]( Check out our full [weekly calendar]( of economic reports and corporate earnings. For The Trading Week Ended May 3: - The Morningstar US Market Index rose 0.58%. - The best-performing sectors were utilities, up 3.52%, and real estate, up 1.49%. - The worst-performing sector was energy, down 3.38% - Yields on 10-year US Treasury notes fell to 4.50% from 4.62%. - West Texas Intermediate crude prices fell 8.50% to $78.12 per barrel. - Of the 703 US-listed companies covered by Morningstar, 380, or 54%, were up, one was unchanged, and 322, or 46%, were down. Which Stocks Are Up? ChargePoint [CHPT]( Tandem Diabetes Care [TNDM]( Tenet Healthcare [THC]( Wayfair [W]( and Pinterest [PINS](. Which Stocks Are Down? Fastly [FSLY]( Uniti Group [UNIT]( Qorvo [QRVO]( Starbucks [SBUX]( and CVS Health [CVS](. And Don't Miss: - [4 Utility Stocks to Play the AI Data Center Boom]( - [What’s Going on With Apple, Tesla, and Alphabet?]( - [10 Top-Performing Dividend Stocks]( - [Magnificent 7 Stocks Earnings Updates: AI Remains the Focus]( - [The 10 Best Companies to Invest in Now]( Did a friend forward this email? You can [sign up for free here](. ADVERTISEMENT [media]( [media] [After Earnings, Is Berkshire Hathaway Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Berkshire Hathaway Stock a Buy, a Sell, or Fairly Valued?]( Plus, our five main takeaways from the 2024 annual meeting. Greggory Warren [Find Out]( Share: [facebook]( [twitter]( [linkedin]( [4 Utility Stocks to Play the AI Data Center Boom]( [4 Utility Stocks to Play the AI Data Center Boom]( Entergy and Southern Company are among the best-positioned for incoming demand. Diana Anghel [3 Dividend Stocks for May 2024]( [3 Dividend Stocks for May 2024]( The dividend prospects of three firms with wide or narrow Morningstar Economic Moat Ratings. David Harrell [What’s Going on With Apple, Tesla, and Alphabet?]( [What’s Going on With Apple, Tesla, and Alphabet?]( Plus, what higher interest rates mean for investors and borrowers, and Morningstar’s outlook for Boeing’s stock. Sarah Hansen, Ivanna Hampton, Preston Caldwell [10 Top-Performing Dividend Stocks]( [10 Top-Performing Dividend Stocks]( Hasbro and NRG Energy are among April 2024′s high-yielding winners. Bella Albrecht [Magnificent 7 Stocks Earnings Updates: AI Remains the Focus]( [Magnificent 7 Stocks Earnings Updates: AI Remains the Focus]( Recapping Morningstar analysts’ takes on earnings for these key drivers of stock market performance. Sunniva Kolostyak [Best- and Worst-Performing Stocks of April 2024]( [Best- and Worst-Performing Stocks of April 2024]( Snap and GE rank among the best stocks for the month, while the worst include Intel and Sirius XM. Bella Albrecht [3 Good Stocks to Buy with Your Tax Refund in 2024 (Or with Any Extra Money)]( [3 Good Stocks to Buy with Your Tax Refund in 2024 (Or with Any Extra Money)]( The stocks of these high-quality companies with predictable cash flows look undervalued today. Susan Dziubinski [After Earnings, Is Meta Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Meta Stock a Buy, a Sell, or Fairly Valued?]( With Mark Zuckerberg’s emphasis on AI investment, here’s what we think of Meta stock. Michael Hodel [After Earnings, Is Boeing Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Boeing Stock a Buy, a Sell, or Fairly Valued?]( After a turbulent start to the year, here’s what we think of Boeing stock. Nicolas Owens [After Earnings, Is GE Aerospace Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is GE Aerospace Stock a Buy, a Sell, or Fairly Valued?]( With higher margin expectations and a strong franchise, here’s what we think of GE Aerospace stock. Nicolas Owens [After Earnings, Is Tesla Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Tesla Stock a Buy, a Sell, or Fairly Valued?]( With the affordable vehicle update and price cuts, here’s what we think of Tesla stock. Seth Goldstein [After Earnings, Is AT&T Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is AT&T Stock a Buy, a Sell, or Fairly Valued?]( With improved free cash flow, here’s what we think of AT&T stock. Michael Hodel [After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?]( With strong third-quarter results, here’s what we think of Microsoft stock. Dan Romanoff [After Earnings, Is Ford Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Ford Stock a Buy, a Sell, or Fairly Valued?]( With an improved earnings outlook, here’s what we think of Ford’s stock. David Whiston [After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?]( With accelerating revenue growth and its AI push, here’s what we think of Alphabet’s stock. Michael Hodel [After Earnings, Is Verizon Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Verizon Stock a Buy, a Sell, or Fairly Valued?]( With price increases driving revenue gains, here’s what we think of Verizon stock. Michael Hodel [Look Inside Berkshire Hathaway’s Portfolio]( [Look Inside Berkshire Hathaway’s Portfolio]( Warren Buffett’s stock portfolio through the lens of Morningstar’s ratings. Susan Dziubinski [How to Invest Like Warren Buffett]( [How to Invest Like Warren Buffett]( Ahead of Berkshire’s annual meeting, we highlight the details of Buffett’s investment strategy. Susan Dziubinski [10 Questions for Berkshire Hathaway’s 2024 Annual Meeting]( [10 Questions for Berkshire Hathaway’s 2024 Annual Meeting]( Here’s what we’d like to hear Warren Buffett and his team discuss this year. Greggory Warren [Where We See Opportunities After an Ugly Month for Stocks]( [Where We See Opportunities After an Ugly Month for Stocks]( Our US stock market outlook and valuation for May 2024. David Sekera [Small-Cap and Value Stocks Are Undervalued ]( [Small-Cap and Value Stocks Are Undervalued]( And four more market trends from Q1 2024. Zachary Evens [The 10 Best Companies to Invest in Now]( [The 10 Best Companies to Invest in Now]( These undervalued stocks of high-quality companies are attractive investments today. Margaret Giles [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=53977) 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