Plus: 4 stocks to buy after earnings, 4 undervalued video game stocks, and are Palantir, Uber, Eli Lilly, and Disney a buy or sell after earnings.
[Morningstar](?utm_source=eloqua&utm_medium=email&utm_campaign=newsletter_stockstrategist&utm_content=47384&elqTrackId=e244b99741b74fbcba3b53ad48f31426&elq=d3ccb8eda903418f95b6115d6f8fcdcd&elqaid=47384&elqat=1&elqCampaignId=23373) [Stock Strategist] Stock Strategist August 21, 2023 Good Morning! Here's what you need to know about stocks today. Economic Releases Scheduled for the Coming Week - Tuesday, Aug. 22
- August Federal Reserve Bank of Richmond Index â FactSet consensus: -7 vs. -9 - Wednesday, Aug. 23
- Preliminary August Manufacturing Managers [Index]( â FactSet consensus: +48.2 vs. +49
- Preliminary August Services Purchasing Managers [Index]( â FactSet consensus: +52 vs. +52.3
- July New Home Sales [report]( â FactSet consensus: +701,000 vs. +697,000 - Thursday, Aug. 24
- Initial Unemployment Insurance Claims [report]( for the Week Ended Aug. 19 (seasonally adjusted) â FactSet consensus: +239,000 vs. +239,000
- Federal Reserve Bank of Kansas City holds [Jackson Hole Economic Symposium]( through Aug. 26 - Friday, Aug. 25
- Final August University of Michigan Survey of Consumers report
- Index of Consumer Sentiment â FactSet consensus: +71.2 vs. +71.2 - Federal Reserve Chair Jerome Powell to speak at the [Jackson Hole Economic Symposium]( Investor Relations Weekly Calendar: Highlighted Corporate Earnings and More - Monday, Aug. 21
- Corporate Earnings: Zoom Video Communications [ZM](
- Investor Meetings: Humana [HUM]( - Tuesday, Aug. 22
- Corporate Earnings: Macyâs [M]( and Loweâs Companies [LOW]( - Wednesday, Aug. 23
- Corporate Earnings: Nvidia [NVDA]( and Snowflake [SNOW]( - Thursday, Aug. 24
- Corporate Earnings: Marvell Technology [MRVL]( For The Trading Week Ended August 18: - The Morningstar US Market Index fell 2.19%.
- All 11 stock sectors were down for the week, with consumer cyclical and real estate as the worst performers. Consumer cyclicals were down 4%, while real estate stocks fell 3.4%.
- Yields on 10-year U.S. Treasuries increased to 4.25% from 4.17%.
- West Texas Intermediate crude prices fell 2.33% to $81.25 per barrel.
- Of the 858 U.S.-listed companies covered by Morningstar, 94, or 11%, were up, and 764, or 89%, were down. Which Stocks Are Up?
Koninklijke Philips [PHG]( Tencent Music Entertainment, and Progressive [PGR]( Which Stocks Are Down?
Hawaiian Electric Industries [HE]( Farfetch [FTCH]( Sea [SE]( and CVS Health [CVS]( And Don't Miss:
- [Does Adding Dividend Stocks Improve Portfolio Performance?](
- [2 of the Most Undervalued Stocks for the Long Term](
- [20 Big IPOs to Watch]( Looking for more? Check out our weekly [Markets Brief](.
Did a friend forward this email? You can [sign up for free here](. ADVERTISEMENT [media]( [media] [The 10 Best Dividend Stocks]( [The 10 Best Dividend Stocks]( These undervalued stocks with reliable dividends are worth considering. Susan Dziubinski [Read More]( Share: [facebook]( [twitter]( [linkedin]( [4 Stocks to Buy After Earnings]( [4 Stocks to Buy After Earnings]( Plus, our takeaways from earnings season so far. David Sekera, Susan Dziubinski [4 Undervalued Video Game Stocks]( [4 Undervalued Video Game Stocks]( These stocks are trading at discounted prices after a slump last year. Jülide Sengil [20 Big IPOs to Watch]( [20 Big IPOs to Watch]( Stripe, Databricks, and Instacart are among the firms expected to revive the lackluster IPO market. Caryl Anne Francia [After Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?]( With strong billings and healthy customer growth, hereâs what we think of Palantir stock. Malik Khan [After Earnings, Is Disney Stock a Buy, Sell, or Fairly Valued?]( [After Earnings, Is Disney Stock a Buy, Sell, or Fairly Valued?]( Losses shrank, but subscriber growth will be important going forward. Neil Macker [After Earnings, Is Uber Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings, Is Uber Stock a Buy, a Sell, or Fairly Valued?]( As the company reported operating profit for the first time and revenue growth continues, hereâs what we think of Uberâs earnings and stock. Ali Mogharabi [After Earnings and a Big Rally, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?]( [After Earnings and a Big Rally, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?]( Despite Eli Lillyâs innovative product launches, the market is overly optimistic about its stock. Damien Conover [After Nvidia Stockâs Huge Rally, 6 Key Things to Watch in Q2 Earnings]( [After Nvidia Stockâs Huge Rally, 6 Key Things to Watch in Q2 Earnings]( All eyes are on Nvidiaâs data center business and artificial intelligence. Brian Colello [3 Stocks to Buy After Berkshire Hathaway's Latest 13-F Filing]( [3 Stocks to Buy After Berkshire Hathaway's Latest 13-F Filing]( Undervalued stocks in Berkshire Hathawayâs portfolio, as well as its latest buys and sells. Susan Dziubinski [2 of the Most Undervalued Stocks for the Long Term]( [2 of the Most Undervalued Stocks for the Long Term]( These companies have carved out economic moats yet their stocks are trading well below our fair value estimates. Susan Dziubinski [Why Are European Auto Stocks So Cheap?]( [Why Are European Auto Stocks So Cheap?]( Sales may have jumped, but concerns about chip shortages continue to weigh on the outlook. Robert van den Oever [Birkenstock IPO: Will Investors Find the Price Uncomfortable?]( [Birkenstock IPO: Will Investors Find the Price Uncomfortable?]( The iconic German footwear company is expected to go public in September. Antje Schiffler [Whatâs Next for Microsoft and AI? Separating the Hype From the Reality]( [Whatâs Next for Microsoft and AI? Separating the Hype From the Reality]( Microsoft is leading the pack in the AI race. But how long can it stay ahead of the competition? Morningstar [6 Key Themes From Q2 2023 Earnings]( [6 Key Themes From Q2 2023 Earnings]( A look at the main trends emerging from U.S. and European earnings, including inflation, travel, and house prices. Michael Field [Markets Brief: Is the Bond Marketâs Recession Indicator Broken?]( [Markets Brief: Is the Bond Marketâs Recession Indicator Broken?]( The yield curve has been inverted for over a yearâa traditional omen of an economic downturn. Tom Lauricella, Caryl Anne Francia Listen Now
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