10 of the Best Small-Cap Stocks to Buy Today

Plus: We look at the Crowdstrike stock selloff, and if Amazon, Alphabet, and Microsoft are buys going into earnings. [Morningstar](?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_stockstrategist&utm_content=56173&elqTrackId=72d29514a5c74cba80fe1cbd2be5d4da&elq=b7b1bba14ecf4bf78034b829a3095add&elqaid=56173&elqat=1&elqCampaignId=28568) [Stock Strategist] Stock Strategist July 22, 2024 Good Morning! Let's dive into today's stock market highlights. A tough week for technology stocks was capped by the global technology meltdown sparked by CrowdStrike’s software update gone wrong. By the end of Friday’s session, CrowdStrike was down roughly 11%. But Morningstar stock analyst Malik Ahmed Khan [thinks the selloff was overdone](. Meanwhile, we’re in the thick of earnings season. [Netflix reported]( another outstanding quarter, and while Taiwan Semiconductor’s news looked bad on the surface, Phelix Lee thinks it [provides investors with a buying opportunity](. Looking ahead, our analysts offer their takes on what to watch when [Microsoft]( [Alphabet]( and [Amazon]( all release their latest earnings reports. More of our [earnings coverage can be found here](. In the background, two notable trends emerged in the market over the past week. The first were the [gains posted in value stocks]( as growth stocks tumbled. The second was the outperformance of small-cap stocks. Check out our latest screen of [small-cap stocks that are both undervalued and carry moats](. Which Stocks Are Up? Hawaiian Electric Industries [HE]( New Fortress Energy [NFE]( V.F. Corporation [VFC]( Coinbase Global [COIN]( Warner Bros. Discovery [WBD](. Which Stocks Are Down? SunPower Corporation [SPWR]( LPL Financial Holdings [LPLA]( SolarEdge Technologies [SEDG]( Plug Power [PLUG]( CrowdStrike Holdings [CRWD](. Investing Events: - Monday, July 22: Earnings from Verizon Communications [VZ]( - Tuesday, July 23: Earnings from GE Aerospace [GE]( Coca-Cola [KO]( Alphabet [GOOGL]( Tesla [TSLA]( - Wednesday, July 24: Earnings from AT&T [T]( ServiceNow [NOW]( GE Vernova [GEV]( - Thursday, July 25: Q2 GDP, Earnings from American Airlines Group [AAL]( Check out our full [weekly calendar]( of economic reports and corporate earnings. For The Trading Week Ended July 19: - The Morningstar US Market Index fell 1.80% - The best-performing sectors were energy, up 1.75%, and financial services, up 1.44%. - The worst-performing sector was technology, down 4.56%. - Yields on 10-year US Treasury notes rose to 4.25% from 4.18%. - West Texas Intermediate crude prices fell 2.34% to $80.29 per barrel. - Of the 702 US-listed companies covered by Morningstar, 385, or 55%, were up, 4 were unchanged, and 313, or 45%, were down. And Don't Miss: - [Can Value Stocks Really Make a Comeback?]( - [Can Anyone Overtake Nvidia in the AI Race?]( - [Going Into Earnings, Is Amazon Stock a Buy, a Sell, or Fairly Valued?]( - [2 of the Best Undervalued Stocks to Buy in a Top-Performing Sector]( Did a friend forward this email? You can [sign up for free here](. ADVERTISEMENT [media]( [media] [10 of the Best Small-Cap Stocks to Buy Today]( [10 of the Best Small-Cap Stocks to Buy Today]( These undervalued stocks from small companies with moats look promising as the market rally broadens. Susan Dziubinski [Read More]( Share: [facebook]( [twitter]( [linkedin]( [2 of the Best Undervalued Stocks to Buy in a Top-Performing Sector]( [2 of the Best Undervalued Stocks to Buy in a Top-Performing Sector]( These overlooked stocks in a hot sector may not fly under the radar for much longer. Susan Dziubinski [Markets Brief: GDP and Inflation Back in the Spotlight]( [Markets Brief: GDP and Inflation Back in the Spotlight]( Plus: CrowdStrike chaos, tech stocks stumble and Biden bows out. Dan Kemp [CrowdStrike Stock Selloff a Buying Opportunity After Outage]( [CrowdStrike Stock Selloff a Buying Opportunity After Outage]( Despite credible response to global tech outage, CrowdStrike stock slides. Malik Ahmed Khan [Going Into Earnings, Is Amazon Stock a Buy, a Sell, or Fairly Valued?]( [Going Into Earnings, Is Amazon Stock a Buy, a Sell, or Fairly Valued?]( Watching AWS, advertising, and generative AI, here’s what we think of Amazon’s stock. Dan Romanoff [Going Into Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?]( [Going Into Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?]( Watching AI developments, capital spending plans, and ad spending in second-quarter numbers. Michael Hodel [Going Into Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?]( [Going Into Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?]( Azure growth and Activision Blizzard integration are among the key trends to watch. Dan Romanoff [The Best REITs to Buy]( [The Best REITs to Buy]( These six undervalued real estate stocks pay dividends and trade at attractive prices. Sbidag Demerjian, Margaret Giles [Best Sustainable Companies to Own: 2024 Edition]( [Best Sustainable Companies to Own: 2024 Edition]( We believe these companies’ strong ESG management practices give them a long-term advantage. Emelia Fredlick, Leslie Norton [Can Value Stocks Really Make a Comeback?]( [Can Value Stocks Really Make a Comeback?]( Growth stocks seemed unstoppable … until this week. Sarah Hansen [Can Anyone Overtake Nvidia in the AI Race?]( [Can Anyone Overtake Nvidia in the AI Race?]( Plus, the stocks powering the artificial intelligence explosion, and how AI can speed up the tech evolution in the restaurant industry. Sarah Hansen, Sean Dunlop, Travis Miller, Ivanna Hampton [Q3 2024: Market Insights on Stocks, Bonds, and the Economy]( [Q3 2024: Market Insights on Stocks, Bonds, and the Economy]( Plus, top stock picks for the quarter. David Sekera, Preston Caldwell, Susan Dziubinski [5 High-Yielding Global Renewable Energy Stocks]( [5 High-Yielding Global Renewable Energy Stocks]( Proximus, Vodafone, and Volkswagen are among the top names in this industry. Quinn Rennell [An Undervalued Wide-Moat Stock to Buy With Momentum]( [An Undervalued Wide-Moat Stock to Buy With Momentum]( Shares of this high-quality company have rallied recently but still look attractive. Nicolas Owens [Best Financial-Services Companies to Own]( [Best Financial-Services Companies to Own]( What drives these firms’ competitive advantages varies by industry. 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=56173) 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. 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