The Morning Filter

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski recap September’s market activity and discuss what types of stocks to invest in—and avoid—heading into October. Tune in to find out which earnings reports to watch for this week and why Morningstar cut its fair value estimate on Micron Technology by $150 after earnings. 

They share new Morningstar research about McCormick and Carnival and answer viewer questions about former stock pick Clorox. They close the show with three stocks to sell and three stocks to buy in October. 

Episode Highlights  

• September’s stock market recap: It could’ve been worse 
• What to invest in—and what to avoid—in October 
• Whether Constellation Brands’ STZ stock could pop after earnings this week 
• What drove Morningstar’s big fair value estimate cut on Micron Technology MU,  
• Whether McCormick MKC or Carnival CCL look like stocks to buy after reporting 
• An update on former stock pick Clorox CLX 
• Stocks to sell and stocks to buy for the new month 

Read about topics from this episode.  

Bonus episode: Why Broadcom Stock Is Worth $650 

Read Dave’s complete archive. 

Got a question for Dave? Send it to [email protected].  

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar). 

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. 

This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income 

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski weigh the impact that rising yields and lower oil prices had on the stock market last week. They look ahead to this week’s inflation and jobs reports, and cover what to watch for in the earnings reports from triple-digit-club member Micron Technology as well as Nike and McCormick. They share key takeaways from Costco’s COST and Darden Restaurants’ DRI results. And they provide updates on former stock picks Lennar and Berkshire Hathaway; tune in to find out which of the two is the better stock to buy today.

Hear what they think about the entertainment industry as an investment idea. They close the show with several stocks to buy that still look undervalued even after their recent rallies.

Episode Highlights  

• Is it time to worry about Treasury bond yields?
• Which economic reports to watch this week.
• Can Micron Technology’s MU momentum continue?
• Nike NKE and McCormick MKC: Is either beleaguered stock worth buying before earnings?
• Berkshire Hathaway’s BRK.A BRK.B big investment in Lennar LEN and which stock is the better buy today.
• Our take on the entertainment industry.
• Four stocks that are up a ton that have more room to run.

Read about topics from this episode.  

September Stock Market Outlook: How to Position Your Portfolio During a Risky Stage 

Read Dave’s complete archive. 

Got a question for Dave? Send it to [email protected].  

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar). 

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. 

This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income 

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this bonus episode of The Morning Filter podcast, co-host Dave Sekera sits down with senior analyst William Kerwin to talk about Broadcom. They unpack the company’s three key business buckets—XPUs, networking chips, and software—and break down the company’s relationships with major customers like Alphabet, Anthropic, OpenAI, and Meta Platforms META. They also discuss the mix shift of AI spending over time, what that shift will mean for Broadcom’s business, and how Broadcom stacks up against its competitors. 

Tune in to hear Morningstar’s forecasts for Broadcom’s revenue, earnings, cash flow, and margins, why we think Broadcom will maintain its wide Morningstar Economic Moat Rating despite the changing AI landscape, key assumptions behind our $650 fair value estimate, and why we believe the stock is underappreciated in the market. 

Episode Highlights  

0:00:00 Welcome 

00:02:47 Broadcom’s AVGO key business lines. 

00:05:50 XPUs, GPUs, TPUs: What’s the difference? 

00:12:54 Where the relationship with Alphabet GOOGL may be headed—and what it could mean for Broadcom’s future. 

00:14:26 Who Broadcom’s competitors are today and what threat they pose. 

00:22:14 The potential impact of artificial intelligence regulation. 

00:23:01 Morningstar’s forecasts for Broadcom’s revenue, earnings, and profit margins. 

Read about topics from this episode.  

Broadcom Stock Fell 3% After Earnings Despite Immense AI Chip Demand 

Check out more research from William Kerwin. 

Got a question for Dave? Send it to [email protected].  

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar). 

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. 

This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income 

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss last week’s market highlights, including the Fed’s interest-rate hike and the 10-year Treasury yield’s push above 5%, and debate how much longer the current bout of market uncertainty may last. They explain why to keep an eye on Costco and Darden Restaurants this week. And they review several former stock picks after earnings and reveal which remain stocks to buy today. 

Tune in for a deeper dive into one of last week’s stock picks, Tesla. The show wraps with a few quality stocks to buy on recent weakness. 

Episode Highlights  

• What mattered in the market last week 
• Earnings to have on radar: Costco COST and Darden Restaurants DRI 
• Which of these stock picks we still like today and which ones may be value traps: Lennar LEN, RH RH, Veeva Systems VEEV, CNH Industrial CNH, Northrop Grumman NOC, Hasbro HAS, Scotts Miracle Gro SMG 
• How we’re thinking about Tesla TSLA as an investment today 
• High-quality stocks that’ve pulled back and now look attractive 

Read about topics from this episode.  

September Stock Market Outlook: How to Position Your Portfolio During a Risky Stage 

Read Dave’s complete archive. 

Got a question for Dave? Send it to [email protected].  

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar). 

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. 

This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income 

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss whether the market is really undervalued and what risks investors need to keep on radar. They preview this week’s Fed meeting and some key earnings, too. Tune in to find out if cybersecurity’s Palo Alto Networks or Zscaler are buys after earnings, what to make of Ciena’s CIEN stock slump, and whether Medtronic and Amphenol remain stock picks after their recent rallies.  

They answer a viewer question about the pros and cons of American Depositary Receipts (ADRs) as a way to invest internationally. The episode wraps up with seven undervalued mega-cap stocks to buy. 

Episode Highlights  

• What today’s concentrated market undervaluation is telling investors and the risks to monitor 
• Expectations for this week’s Fed meeting 
• Whether cybersecurity stocks Palo Alto Networks PANW and Zscaler ZS look attractive after earnings 
• Unpacking good and bad news from former stock picks Medtronic MDT, Campbell’s CPB, Amphenol APH, and Lululemon LULU 
• What ADRs are and how they work 
• Mega-cap stocks to buy that look undervalued 

Read about topics from this episode.  

September Stock Market Outlook: How to Position Your Portfolio During a Risky Stage 

Read Dave’s complete archive. 

Got a question for Dave? Send it to [email protected].  

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar). 

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. 

This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income 

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Plus, whether Nvidia, Marvell Technology or Salesforce look attractive after earnings.

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski share what really mattered in the market last week (hint: Nvidia). They give an update on the prospects of cybersecurity stocks after Okta OKTA and CrowdStrike CRWD put up great results and before Zscaler ZS and Palo Alto Networks PANW report this week. 

Tune in find out what to watch for in the earnings from Broadcom AVGO and Lululemon LULU and whether Nvidia, Salesforce CRM or Marvell Technology MRVL look like stocks to buy after earnings. They close the show with sectors and stocks to buy and avoid in September.

Episode Highlights 

Why Nvidia’s NVDA results were so important

Whether cybersecurity stocks still look attractive after their recent run-up

What economic and earnings reports to keep on your radar this week

Which technology stocks look attractive after earnings

Should investors throw in the towel on The Trade Desk TTD?

The sectors that have historically done well—and not so well—in September

Stocks to buy and sell for the month ahead

Read about topics from this episode. 

Where the Stock Market May Be Heading Next and What to Buy Now

Read Dave’s complete archive.

Got a question for Dave? Send it to [email protected]. 

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar).

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.comfor more details. Subscribe to The Morning Filter to get notified when we post next.

This episode is sponsored by Vanguard: https://advisors.vanguard.com/engagement/fixed-income

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss last week’s market activity and what to make of the surging yield on the 30-year Treasury bond. They cover what to watch for in the earnings reports from Nvidia, Marvell Technology, and Salesforce CRM. Tune in to find out whether Home Depot, Lowe’s, Target or Walmart look like stocks to buy after earnings.

They explain why it’s better to rent some stocks rather than buy them for the long term and discuss what qualities to-rent stocks often share. They close the show with a handful of undervalued stock picks that make good rentals today.

Episode Highlights 

The yield on the 30-year Treasury bond hit 19 year highs last week. Here’s what that may mean for investors

Next week’s PCE numbers and the Federal Reserve’s next move

Things to watch for in Nvidia’s NVDA earnings report this week

Will Marvell Technology MRVL continue to soar after earnings?

Which stock is the better buy after reporting: Home Depot HD or Lowe’s LOW?

Whether we raised our fair value estimate on Target TGT or Walmart WMT

Stocks to rent vs. stocks to buy: What’s the difference?

Stock picks: cheap stocks to rent

Read about topics from this episode. 

Where the Stock Market May Be Heading Next and What to Buy Now

Read Dave’s complete archive.

Got a question for Dave? Send it to [email protected]. 

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar).

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss August’s market activity and weigh what last week’s encouraging inflation numbers may mean for the Fed’s next move. They cover what to watch for in the earnings reports from Walmart WMT, Target TGT, Home Depot HD, Lowe’s LOW and other retailers this week. Tune in to find out whether Cisco or Applied Materials looks attractive after earnings, if Nebius Group is overvalued after a fair value increase, and why we continue to like On Holding.

They welcome special guest Dan Lefkovitz from Morningstar Indexes, who covers the pros and cons of various income investments today, including core bonds, dividend stocks, MLPs, high-yield bonds, REITs, and others. They wrap the episode with four income investment to buy that look undervalued today.

Episode Highlights 

The factors driving stock market performance in August

What to watch for in retail earnings this week

Whether Cisco CSCO or Applied Materials AMAT are buys after earnings—and whether Nebius Group NBIS is still a sell

Why it’s time to double down on On Holding ONON

The ins and outs of stop loss orders

Dividend stocks vs. MLPs vs. REITs: where to invest for income today.

Overlooked stocks to invest in for income

Read about topics from this episode. 

Where the Stock Market May Be Heading Next and What to Buy Now

Dan Lefkovitz: Where to Find Income in Today’s Market

Read Dave’s complete archive.

Got a question for Dave? Send it to [email protected]. 

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar).

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss last week’s market activity and why investors should continue to monitor the Japanese yen. Special guest and Morningstar Europe market strategist Michael Field covers why European equities are lagging US stocks this year, which sectors and stocks in the region look most attractive, and what risks US investors who want to invest in international stocks should watch out for. 

Sekera and Dziubinski reveal whether Advanced Micro Devices, Palantir and Clorox remain stock picks after earnings and if SanDisk and Western Digital still look pricey after their post-earnings pullbacks. They wrap the show with three overvalued stocks to sell this month and three undervalued stocks to buy instead.

Episode Highlights 

00:00:00 Welcome 

00:01:20 The drivers behind last week’s market activity 

00:02:25 What the U.S. supporting the Japanese Yen means for investors 

00:06:40 Why European stocks are lagging U.S. stocks this year and where the opportunities are today 

00:20:24 Unpacking SpaceX’s SPCX results and stock movement 

00:24:43 Which of these stocks look like buys post-earnings: Advanced Micro Devices AMD, Palantir PLTR, SanDisk SNDK, or Western Digital WDC 

00:31:29 Clorox CLX: Still a pick after earnings? 

00:33:42 Stocks to sell and stocks to buy this month

Read about topics from this episode. 

Where the Stock Market May Be Heading Next and What to Buy Now 

Q3 Stock Market Outlook: Investors Face Balanced Risks, Selective Opportunities

Read Dave’s complete archive

Got a question for Dave? Send it to [email protected].

Follow us on social media.

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If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. 

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this new episode of The Morning Filter podcast, host Susan Dziubinski covers the key takeaways from last week’s Fed meeting (and hint, there weren’t many). It will probably be another volatile week for SpaceX stock—and earnings aren’t the only reason why. This week we’ll also get earnings reports and forecasts from a few members of the triple digit club, including Advanced Micro Devices AMD, SanDisk SNDK and Western Digital WDC. 

Dziubinski discusses what Morningstar’s analysts thought of the latest earnings reports from Microsoft, Meta Platforms, Amazon.com, Apple and Seagate Technology STX; tune in to find out which stocks in the group experienced fair value changes. The show wraps with a handful of stocks to buy after earnings.

Episode Highlights 

The Fed’s next move is...unclear.

SpaceX SPCX: Earnings aren’t the only thing to keep an eye on. 

What to watch this week: Earnings reports from the Triple Digit Club. 

Our take on Microsoft MSFT, Meta Platforms META, Amazon.com AMZN and Apple AAPL after earnings. 

Why we like Baker Hughes BKR.

5 undervalued stocks to double down on after earnings.

Read about topics from this episode. 

Read Dave’s complete archive.

Q3 Stock Market Outlook: Investors Face Balanced Risks, Selective Opportunities

5 Charts on What to Watch in SpaceX Earnings

Got a question for Dave? Send it to [email protected]. 

Follow Dave Sekera on X (@MstarMarkets) and on LinkedIn (Dave Sekera) to subscribe to his weekly newsletter and keep up to date with his latest research. Follow Morningstar on Facebook (MorningstarInc), X (@MorningstarInc), Instagram (MorningstarInc) and LinkedIn (Morningstar).

If you would like more information about any of the stocks Dave talked about today, you can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.