2 New Wide-Moat Stocks With Long-Term Potential

Plus: The 10 Best Companies to Invest in Now, The Best Chinese Stocks to Buy, and July's Best- and Worst-Performing Stocks [Morningstar](?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_stockstrategist&utm_content=56465&elqTrackId=7444e49679c8429a8b1c47b02b318067&elq=577b954451284797917a8ca73bc63e2b&elqaid=56465&elqat=1&elqCampaignId=28757&elqak=8AF5A153779DF187AB7333CA9DE6E0B2C0513897A39D8F6C3DC042F0C0523D71345E) [Stock Strategist] Stock Strategist August 5, 2024 Good Morning! Let's dive into today's stock market highlights. It turned out to be a roller-coaster week for stocks, with a mixed bag of earnings for big-name stocks, [dovish news from the Fed]( and then a [jobs report]( that set off a sudden wave of worries about recession. On the earnings front, we’ve got Morningstar’s take on [Amazon]( [Apple]( [Microsoft]( and [Meta](. Also, a closer look at [Verizon]( [Intel’s ugly news]( and a preview of [Disney’s report](. This past week, we also have our monthly wrap-up of [the best- and worst-performing stocks]( which features the kind of names that had been out of favor for some time: industrials, real estate, and basic materials. Among the worst performers was [CrowdStrike](. We’ve also got [our look at best-performing dividend stocks]( which was dominated by banks this time around. Lastly this week, Susan Dziubinski looks at [2 new wide-moat stocks]( both of which are trading in undervalued territory. Which Stocks Are Up? Lumen Technologies [LUMN]( Exact Sciences Corporation [EXAS]( Alnylam Pharmaceuticals [ALNY]( ResMed [RMD]( DexCom [DXCM]( Which Stocks Are Down? Groupon [GRPN]( Intel [INTC]( Snap [SNAP]( Moderna [MRNA]( Pinterest [PINS]( Investing Events: - Monday, August 5: Earnings from, Palantir Technologies [PLTR]( - Tuesday, August 6: Earnings from Uber Technologies [UBER]( - Wednesday, August 7: Earnings from The Walt Disney Company [DIS]( - Thursday, August 8: Earnings from Eli Lilly [LLY]( Check out our full [weekly calendar]( of economic reports and corporate earnings. For The Trading Week Ended August 2: - The Morningstar US Market Index fell 2.38%. - The best-performing sectors were utilities, up 3.66%, and real estate, up 2.13%. - The worst-performing sector was technology, down 4.64%. - Yields on 10-year US Treasury notes fell to 3.8% from 4.2%. - West Texas Intermediate crude prices fell 4.04% to $74.04 per barrel. - Of the 702 US-listed companies covered by Morningstar, 220, or 31.3%, were up, 3 were unchanged, and 479, or 68.2%, were down. And Don't Miss: - [Going Into Earnings, Is Disney Stock a Buy, a Sell, or Fairly Valued?]( - [After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?]( - [10 Top-Performing Dividend Stocks of July 2024]( - [2 New Wide-Moat Stocks With Long-Term Potential]( Did a friend forward this email? You can [sign up for free here](. ADVERTISEMENT [media]( [media] [2 New Wide-Moat Stocks With Long-Term Potential]( [2 New Wide-Moat Stocks With Long-Term Potential]( Wide-moat stock investors, take note. Susan Dziubinski [Watch]( Share: [facebook]( [twitter]( [linkedin]( [Best- and Worst-Performing Stocks of July 2024]( [Best- and Worst-Performing Stocks of July 2024]( DR Horton and Charter Communications rank among the best stocks for the month, while the worst include CrowdStrike and Edwards Lifesciences. Bella Albrecht, Lauren Solberg [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 [July's 10 Top-Performing Dividend Stocks]( [July's 10 Top-Performing Dividend Stocks]( PNC and Citizens Financial Group are among the month’s high-yielding winners. Bella Albrecht, Lauren Solberg [3 Dividend Stocks for August 2024]( [3 Dividend Stocks for August 2024]( These dividend-paying stocks are popular with income investors. David Harrell [August 2024 Stock Market Outlook: Small-Cap and Value Stocks Shine]( [August 2024 Stock Market Outlook: Small-Cap and Value Stocks Shine]( Investor takeaways ahead of easing monetary policy and slowing growth. David Sekera [Meta Stock Price Gains on AI-Fueled Earnings]( [Meta Stock Price Gains on AI-Fueled Earnings]( Fair value estimate raised after solid results showing rising advertising demand. Michael Hodel [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 increased revenue and steady infrastructure investment, here’s what we think of Alphabet stock. Michael Hodel [After Earnings, Is Coca-Cola Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Coca-Cola Stock a Buy, a Sell, or Fairly Valued?]( Sales are up despite higher costs, thanks to the company’s consumer-centric, beverage portfolio and packaging innovations. Dan Su [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 GE Aerospace’s strong franchise, profitable engine maintenance, and raised margin expectations, here’s what we think of its stock. Nicolas Owens [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 its high wireless customer retention and improving profitability, here’s what we think of AT&T’s undervalued 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 soft cash flow and slowing phone upgrade trends, here’s what we think of Verizon’s results. Michael Hodel [Going Into Earnings, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?]( [Going Into Earnings, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?]( With Cardiometabolic drug sales growing, here’s what we think of Lilly’s stock. Damien Conover [Going Into Earnings, Is Disney Stock a Buy, a Sell, or Fairly Valued?]( [Going Into Earnings, Is Disney Stock a Buy, a Sell, or Fairly Valued?]( Watching streaming, box office numbers, and advertising, here’s what we think of Disney stock. Matthew Dolgin [4 Top US Travel Stock Picks]( [4 Top US Travel Stock Picks]( With opportunities in the travel industry, Carnival and Norwegian are among the most attractive names. Oratile Matome [How Do Interest Rates Affect Stock Market Returns?]( [How Do Interest Rates Affect Stock Market Returns?]( And the role of valuation in buying individual stocks. Jessica Bebel [The Best Chinese Stocks to Buy]( [The Best Chinese Stocks to Buy]( These top five China stocks with wide moats look undervalued today. Sbidag Demerjian, Susan Dziubinski [3 Top Cybersecurity Stock Picks for Long-Term Investors]( [3 Top Cybersecurity Stock Picks for Long-Term Investors]( Data breaches shine a spotlight on the industry and create investing opportunities. Vikram Barhat [The Best Defensive Stocks to Buy]( [The Best Defensive Stocks to Buy]( These 10 defensive stocks supply investors with reliable earnings, and often dividends, when markets look uncertain. Tori Brovet [Elections and Markets Are a Mixed Bag]( [Elections and Markets Are a Mixed Bag]( Plus, six other charts on 2024′s second quarter. Andrew Daniels [Recent Company Earnings]( [Recent Company Earnings]( Discover new actionable opportunities today with our earnings coverage and analyst insights. 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=56465) 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