10 Top-Performing Dividend Stocks

Plus: Top betting and iGaming stock picks, a bearish signal on the economy, the continued domination of AI stocks. [Morningstar](?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_smartinvestor&utm_content=55753&elqTrackId=81a0aff4eb2d4f60bcec4a75953417a7&elq=c41d5ca3d994465ca469757511109172&elqaid=55753&elqat=1&elqCampaignId=28328) [Smart Investor] Smart Investor [Tom Lauricella, chief markets editor]( Connect with Tom on [LinkedIn]( [Tom Lauricella] In this week's newsletter: - [10 Top-Performing Dividend Stocks]( - [What Broadening Rally? AI Stocks Dominate Again In Q2]( - [13 Charts On the Market’s Q2 Turnaround]( - [4 Predictions for Stocks and the Economy for the Second Half of 2024]( - [June Jobs Report a Potential Bearish Signal for the Economy]( - [Q2 In Review and Q3 Market Outlook]( - [Best- and Worst-Performing Stocks of Q2 2024]( As the second half of the year kicks off, some things in the markets are looking different, while other trends keep rolling along. What’s different? It seems that maybe, just maybe, we could possibly be starting to see hints of slowing in the US economy (and yes, all that hedging is intentional). This cooling could be seen in the details of the June jobs report that came out Friday. While the overall gain in hiring was bigger than expected, [as we explain]( that didn’t tell the full story. What hasn’t changed? A big chunk of the money investors have made in the stock market this year has come from a handful of names, most of which are likely winners in the artificial intelligence boom. [Bella Albrecht offers details](. That’s just one of the mid-year review and outlook pieces we posted this past week, including a look at the second quarter’s [best-performing dividend stocks]( and [best- and worst-performing stocks](. You’ll also find our [second-quarter review in charts from Sarah Hansen]( along with her [four predictions for the second half of this year](. We also have our second-quarter performance reviews for [stock]( and [bond]( funds, along with a closer look at how the [largest stock funds]( and [largest bond funds]( (ie the ones you probably own) did. Additionally, we have a look at the quarter’s [best-]( and [worst-]( stock ETFs. But that’s not all! Morningstar’s stock analysts have their outlooks and top picks across the market, including names to own in the [technology]( [communications services]( and [energy]( sectors. You can find all our quarterly review and outlook stories [right here]( . That’s it for this week! As always, check out our [Markets page]( for our latest coverage, live stock market updates, and our [weekly calendar]( of key upcoming data and events. [10 Top-Performing Dividend Stocks of Q2 2024]( [10 Top-Performing Dividend Stocks of Q2 2024]( Philip Morris International and Southern Company are among the quarter’s high-yielding winners. Bella Albrecht, Lauren Solberg [Read More]( Share: [facebook]( [twitter]( [linkedin]( ADVERTISEMENT [media]( [media] Markets and the Economy [Q2 In Review and Q3 2024 Market Outlook]( [Q2 In Review and Q3 2024 Market Outlook]( Our analysts put Q2′s performance trends for stock sectors, bonds, and funds into perspective—and look ahead with a fresh market outlook for the second quarter. Tom Lauricella [5 Stocks to Buy for 3Q 2024]( [5 Stocks to Buy for 3Q 2024]( Plus our new stock market outlook. David Sekera, Susan Dziubinski [Best- and Worst-Performing Stocks of Q2 2024]( [Best- and Worst-Performing Stocks of Q2 2024]( Nvidia and Alnylam Pharmaceuticals rank among the best stocks for the quarter, while the worst include Builders Firstsource and Walgreens Boots Alliance. Bella Albrecht, Lauren Solberg [Bank Loans Lead Bond Fund Performance in Q2 2024]( [Bank Loans Lead Bond Fund Performance in Q2 2024]( How some of our favorite managers fared during another volatile period for the bond markets. Thomas Murphy [13 Charts On the Market’s Q2 Turnaround]( [13 Charts On the Market’s Q2 Turnaround]( Amid more progress on inflation, rate cuts are finally coming into view. Sarah Hansen [Six Sports Betting and iGaming Stocks Trading at a Discount]( [Six Sports Betting and iGaming Stocks Trading at a Discount]( The stocks have not been performing well over the past year, despite positive revenue projections. Leah Breakstone [June Jobs Report a Potential Bearish Signal for the Economy]( [June Jobs Report a Potential Bearish Signal for the Economy]( Hiring grows more than expected in June, but revisions to prior months show slowing growth. Tom Lauricella [4 Predictions for Stocks and the Economy for the Second Half of 2024]( [4 Predictions for Stocks and the Economy for the Second Half of 2024]( Strategists say stocks can keep climbing, but warn that risks to the market outlook are building. Sarah Hansen [Worst-Performing Stock ETFs of the Quarter]( [Worst-Performing Stock ETFs of the Quarter]( ARK Innovation ETF and Pacer US Small Cap Cash Cows 100 ETF were among the worst-performing ETFs in Q2 2024. Bella Albrecht, Lauren Solberg [What’s Happening In the Markets This Week]( [What’s Happening In the Markets This Week]( CPI, and Q2 earnings kick off with JPMorgan, Wells Fargo, and Citigroup. Leah Breakstone [Large-Growth Funds Dominate ... Again]( [Large-Growth Funds Dominate ... Again]( Funds benefited from owning tech stocks like Nvidia in Q2 2024. David Carey [Top-Performing Stock ETFs of the Quarter]( [Top-Performing Stock ETFs of the Quarter]( HCM Defender 100 Index ETF and Direxion HCM Tactical Enhanced US Equity Strategy ETF were among the best-performing ETFs in Q2 2024. Bella Albrecht, Lauren Solberg [How the Largest Bond Funds Did In Q2 2024]( [How the Largest Bond Funds Did In Q2 2024]( Dodge and Cox Income led its category, while PIMCO Income and Met West Total Return fell behind. Gabe Alpert [How the Largest US Stock Funds Did In Q2 2024]( [How the Largest US Stock Funds Did In Q2 2024]( Vanguard Primecap and Vanguard Growth ETF led, while American Funds AMCAP lagged. Gabe Alpert Chart of the Week [What Broadening Rally? AI Stocks Dominate Again In Q2]( [What Broadening Rally? AI Stocks Dominate Again In Q2]( Nvidia, Apple, and other major AI players drove market performance to an even greater degree in the quarter. Bella Albrecht [Read More]( Share: [facebook]( [twitter]( [linkedin]( Sector Performance [Industrials: Sector Offers Investment Opportunities as Performance Lags Broader Market]( Our top industrial picks are Honeywell, UPS, and Huntington Ingalls. Brian Bernard [Consumer Defensives: Even Amid Macro Pressures, Deals Permeate the Landscape]( Our top picks for this sector include Estee Lauder, WK Kellogg, and Kraft Heinz. Erin Lash [Utilities: Can the Stocks Keep the Rally Going?]( Our top picks in the utilities sector are NiSource, Entergy, and Duke. Travis Miller, Andrew Bischof [Basic Materials: Following Index Decline, We See Many Long-Term Opportunities]( Our top picks in this sector are Albemarle, Nutrien, and International Flavors & Fragrances. Seth Goldstein [Healthcare: Valuations Look Attractive In Most Industries]( Our top healthcare sector picks are Moderna, Humana, and Baxter. Damien Conover [Financial Services: Amid Uncertainties, We See the Most Value In Banks and Credit Services]( Top picks in the sector include PayPal, MarketAxess, and US Bancorp. Michael Wong [Consumer Cyclicals: Even With Anxiety Over Spending, We See Attractive Valuations]( Top picks in this sector include Hanesbrands, VF Corp, and Polaris. Erin Lash [Real Estate: Interest Rate Movements Drive Performance]( Our top picks in this sector include Ventas, Kilroy, and Realty Income. Kevin Brown [Technology: Strength Continues, With Software Presenting the Best Buying Opportunities]( Our top picks for the technology sector are Adobe, Fortinet, and STMicroelectronics. Dan Romanoff [Energy: OPEC Continues to Operate From a Position of Weakness With Production Cuts Extension]( In the energy sector, we highlight ExxonMobil, APA, and Schlumberger. Stephen Ellis [Communication Services: Online Advertising Remains Strong, but Growth Will Likely Decelerate]( Our favorite stocks in communication services include Comcast, Warner Bros. Discovery, and Crown Castle. Michael Hodel [Morningstar Company Reports]( See More 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_smartinvestor&utm_content=55753) 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