www.morningstar.com
Open in
urlscan Pro
18.66.15.78
Public Scan
Submitted URL: http://morningstar.com/
Effective URL: https://www.morningstar.com/
Submission: On August 08 via manual from SG — Scanned from DE
Effective URL: https://www.morningstar.com/
Submission: On August 08 via manual from SG — Scanned from DE
Form analysis 1 forms found in the DOM
<form class="mdc-site-search__form" data-v-39e86fa8="" __bizdiag="0" __biza="W___">
<div role="search" class="mdc-search-field mds-search-field mdc-site-search__search-field" data-v-894e5c78="" data-v-39e86fa8=""><input aria-label="Search" placeholder="Search Quotes and Site" type="text"
class="mdc-search-field__input mds-search-field__input" data-v-894e5c78=""> <svg aria-hidden="true" class="mdc-icon mds-icon mds-search-field__search-icon mds-icon--s" data-v-894e5c78="">
<use xlink:href="/assets/img/mds.3ec6f34.svg#search--s"></use>
</svg> <!----> <span class="mds-search-field__input-focus-outline" data-v-894e5c78=""></span></div> <!---->
</form>Text Content
Advertisement Skip to Content Introducing Morningstar Investor: See the possibilities of your portfolio. Learn More * Get 7 Days Free * * Sign In Sign In * Topics * Sustainable Investing * Funds * ETFs * Stocks * Bonds * Markets * Portfolio * Investments * Topics * Advisor Insights * Personal Finance * Market Volatility * Retirement Planning * Start Investing * Save for College * Best Investments * See All * Sustainable Investing * Funds * ETFs * Stocks * Bonds * Markets * Portfolio * For Professionals * Software & Data Services * Morningstar Direct * DBRS Morningstar * Sustainalytics * PitchBook * ESG Investing Solutions * Morningstar Research * Morningstar Data * Money Management * Morningstar Indexes * Morningstar Managed Portfolios * Morningstar Retirement Manager * Solutions for Business * All Products & Services * Company * About * Who We Are * Careers * Diversity, Equity, & Inclusion * Corporate Sustainability * Privacy * Events * Morningstar Investment Conference * Awards * Webinars * Newsroom * Investor Relations MORNINGSTAR.COM MARKETS MARKET INDEXES Morningstar Indexes Morningstar U.S. Global Commodities Market Indexes Name Value Change Change (%) US Market Closed 10,200.59 5.41 −0.05% US Mid Cap Closed 13,425.62 61.59 0.46% US Small Cap Closed 11,932.24 86.69 0.73% US Sustainability Closed 2,730.60 0.47 −0.02% Women's Empowerment Closed 1,517.52 1.14 −0.08% Societal Development 1,224.57 3.24 0.27% Aug 8 10:23 AM GMT About Market Indexes Name Value Change Change (%) US Cyclical Closed 12,694.12 23.73 −0.19% US Sensitive Closed 17,197.37 1.32 −0.01% US Defensive Closed 14,822.63 4.76 0.03% Aug 5 9:46 PM GMT About Market Indexes Name Value Change Change (%) US Market Closed 10,200.59 5.41 −0.05% US Large Cap Closed 9,062.97 23.70 −0.26% US Mid Cap Closed 13,425.62 61.59 0.46% US Small Cap Closed 11,932.24 86.69 0.73% DJIA Closed 32,803.47 76.65 0.23% S&P 500 Closed 4,145.19 6.75 −0.16% Nasdaq Closed 12,657.56 63.02 −0.50% Aug 5 9:46 PM GMT About Market Indexes Name Value Change Change (%) Nikkei 225 Closed 28,249.24 73.37 0.26% Hang Seng Closed 20,045.77 156.17 −0.77% Shanghai Comp Closed 3,236.93 9.91 0.31% FTSE 100 7,472.21 32.47 0.44% DAX 13,655.01 81.08 0.60% Aug 8 10:08 AM GMT About Market Indexes Name Value Change Change (%) Gold 1,774.00 1.10 0.06% Silver Closed 20.03 0.28 −1.39% Platinum Closed 883.80 0.00 0.00% Light Crude 88.24 0.77 −0.87% Natural Gas 7.84 0.22 −2.73% Aug 8 10:13 AM GMT About U.S. BAROMETER CLOSED Val Core Gwth Lg 0.26 −0.14 −0.40 Mid 0.39 0.32 0.68 Sm 0.35 0.54 1.30 Aug 5 9:46 PM GMT GAINERS, LOSERS, ACTIVES Actives Gainers Losers Market Movers Equity Name Price Change Percent Change AMC Entertainment Holdings 3.52 18.86% Advanced Micro Devices 1.60 −1.54% Ford Motor Company 0.07 −0.46% Warner Bros Discovery 2.89 −16.53% DraftKings 1.60 9.78% Apple 0.46 −0.28% Opendoor Technologies 1.02 21.70% Amazon.com 1.77 −1.24% Palantir Technologies 0.13 1.15% Lyft 2.89 16.62% NEWS * North American Morning Briefing: Stock Futures -2- | Dow Jones * North American Morning Briefing: Stock Futures Tick Up Ahead of Earnings | Dow Jones * Mr. D.I.Y. Stock Drops on Profit Taking, Concerns Over China Covid Policy | Dow Jones * Trending: SoftBank Group Reports Record Quarterly Loss | Dow Jones * Alliance Pharma Names New Auditor After KPMG Resigns Over Corporate Concerns | Dow Jones * FTSE 100 Expected to Open Higher | Dow Jones * Shares of China Tourism Group, Hainan Airport Operator Fall on Fresh Covid-19 Lockdown | Dow Jones * CLP Holdings Swings to First-Half Net Loss | Dow Jones * EMEA Morning Briefing: Stocks Seen Higher as -2- | Dow Jones * EMEA Morning Briefing: Stocks Seen Higher as Investors Weigh Mixed Economic Picture | Dow Jones Recommended Inflation Recession Interest Rates 10 Best Companies Market Forecasts Earnings How to Invest Like Buffett FEATURES The Glass Half Full Market: Earnings Misses Are Getting More of a Pass Second quarter results haven’t actually been impressive, but investors are rewarding them anyway. Jakir Hossain * Markets Brief: CPI Report Could Set Tone for Fed Should You Take Your Required Minimum Distributions 'In Kind'? It won't change this year's tax bill, but it can help prevent investment slippage and lower taxes on future gains. Christine Benz Is Inflation Another Form of Sequencing Risk? Retirement expert Wade Pfau shares his concerns about retiree spending rates. Jessica Bebel Watch Your Financial To-Do List for August 2022 Here's what you need to know about estate planning, from the basic parts to how to draw up a plan. Christine Benz, Susan Dziubinski Baby Formula Shortage Tests Outlook for Manufacturers Product safety issues threaten competitive advantages. Watch out for Reckitt’s restructuring plans. Diana Radu Two American Funds Strategies Get Upgrades Here are some ratings highlights from July. Anthony Thorn Will the Fund Industry Ever Change? Probably not, as its customers have become very set in their ways. John Rekenthaler 10 Stocks for a Recession These undervalued stocks come from high-quality companies in defensive sectors. Susan Dziubinski Cutting Through the Nonsense Around ESG Block out the noise and focus on these three points. Jon Hale DON'T-MISS VIDEOS Watch Why Is Taiwan Semiconductor's Stock So Cheap? TSMC might be down, but we think the stock looks attractive. Andrew Willis Tesla Stock Split Vote 2022: What You Need to Know Tesla is planning a 3-for-1 stock split. This will mark the second stock split in the electric car maker’s recent history. Watch More * 3 Great ETFs for Rocky Markets * 3 Great ETFs for Contrarians * 3 Dividend Stocks for August 2022 COMPANY SPOTLIGHT PayPal Q2 Earnings Show Headwinds, but Results Hold Up Well We continue to believe PayPal’s stock is materially undervalued with $135 fair value estimate. Brett Horn Warner Bros. Discovery Q2 Results Show a Weak Start to New Future We expect a modest cut to Warner Bros. Discovery fair value estimate, but we still think the stock is undervalued. Neil Macker * SoFi Q2 Earnings Boosted by Personal Loan Growth, Net Interest Income * Airbnb’s Q2 Earning Results Show Signs of Demand Moderating From High Levels * Energy Transfer Reports Strong Q2 Earnings * Starbucks Earnings Mixed, But Stock Remains ‘Attractive’ Paramount’s DTC Subscriber Growth Shines in Q2 Shares fell on news that streaming losses widened; Paramount’s stock is now significantly undervalued. Neil Macker Advanced Micro Devices Reiterates 60% Revenue Growth Led by Server Strength and Xilinx Shares of narrow-moat AMD trade at an attractive discount relative to our unchanged $130 fair value estimate. Abhinav Davuluri * Marathon Slumps With Oil Prices Despite Solid Second Quarter * Uber’s Q2 Earnings Show Demand Growth and Little Impact From Inflation or Recession Fears * Just Eat Takeaway’s Earnings Show Gains in Europe, U.K. MARKET VOLATILITY How to Invest Your Money as the Fed Raises Interest Rates Why the Federal Reserve raises interest rates, what that means for stocks and bonds, and how to tweak your portfolio in response. Susan Dziubinski How Do You Tell a Bear-Market Rally in Stocks From a New Bull Run? Bear traps can be short, swift, and end as quickly as they started. Sandy Ward Read More * How Worried Should You Be About Inflation? * How to Ensure a Bear Market Doesn't Blow Up Your Retirement * What to Invest in During High Inflation * Your Inflation Toolkit SPECIALISTS More Christine Benz How Worried Should You Be About Inflation? John Rekenthaler How Vanguard Came to Dominate the Fund Industry Russel Kinnel Grading the Inflation Hedges Susan Dziubinski 33 Undervalued Stocks for 2022 Amy C. Arnott What to Do With Extra Money in Your 529 Plan David Sekera Where to Invest Your Money in Q3 2022 Samantha Lamas The Role of Family and Friends in Investing Decisions VIDEOS More Watch Dividend Stock Deep Dive: Midyear 2022 Picks Watch 5 Things to Do During a Bear Market Watch How to Invest During a Bear Market Watch ABCs of RMDs Watch 3 Excellent Dividend Stock ETFs Watch What Rising Yields Mean for Your Retirement Watch 3 Great Growth Funds Watch 3 of the Best Value-Stock ETFs TOPICS ESG InvestingFinancial AdvisorsChristine Benz’s Model PortfoliosMorningstar Investor ScreenerDiscussion ForumsInvestor NewslettersBest InvestmentsAll AuthorsAll Topics STOCKS More Video Game Stocks Hit by Slowdown in Spending Electronic Arts in a sweeter spot but fairly valued. Sandy Ward Why Is Taiwan Semiconductor's Stock So Cheap? TSMC might be down, but we think the stock looks attractive. Andrew Willis How to Invest Like Warren Buffett Here's the recipe that one of the greatest investors uses to pick stocks. Susan Dziubinski Morningstar's Guide to Stock Investing Here's how our approach to investing can inform your stock-picking process. Susan Dziubinski 10 Stocks for a Recession These undervalued stocks come from high-quality companies in defensive sectors. Susan Dziubinski PERSONAL FINANCE More How to Build a Portfolio You Don't Have to Babysit These four steps can help you craft a (mostly) hands-off portfolio. Christine Benz What Is a Recession? Here's how long recessions typically last and how you can prepare. Carole Hodorowicz TIPS Can Help With Inflation, but Are You Courting Other Risk? Treasury Inflation-Protected Securities are one of the best direct hedges against inflation, but they're subject to other types of risk. Amy C. Arnott A Financial Guide on What to Do After College Use these resources to help you set up retirement savings, tackle debt, and begin investing. Carole Hodorowicz Morningstar's Guide to Life-Stage Investing Maps to follow no matter where you are in your investing life. Christine Benz BEST COMPANIES OF 2022 More The Best Companies to Own: 2022 Edition These companies stand out from the competition and can be good choices for long-term investing. Margaret Giles Best International Companies to Own: 2022 Edition These companies from various corners of the globe are well-positioned for the future. Ruth Saldanha Best Innovative Companies to Own: 2022 Edition These companies are expected to benefit from disruptive technologies. Sachin Nagarajan Best Financial Services Companies to Own: 2022 Edition What drives these firms’ competitive advantages varies by industry. Katherine Lynch Best Sustainable Companies to Own: 2022 Edition We believe these companies’ strong ESG management practices give them a long-term advantage. Leslie Norton FUNDS More Is Oakmark Fund Still a Good Investment? The fund is having a tougher year than its peers. Here's what Morningstar's analyst thinks. Katie Rushkewicz Reichart 26 Stock and Fund Picks Based on New Expert 2022 Forecasts Here are Morningstar’s best ideas for taking advantage of the updated market forecasts from asset managers. Susan Dziubinski Fidelity Puritan Fund Gets an Upgrade We have increased confidence in the fund's manager and resources, says Morningstar's analyst. Emory Zink Target-Date Fund Investing in 2022 Learn how these investments work, what to look for when choosing one, and which ones earn our highest ratings. Susan Dziubinski Weakest Quarter for Fund Flows in 2 Years Long-term mutual funds and exchange-traded funds collected just $30 billion in March 2022. Adam Sabban ADVISOR INSIGHTS More Moving to Culture 2.0 Do you have an employee retention problem? It's probably your culture. Rianka R. Dorsainvil The Model Portfolio Landscape in 7 Charts What's driving their rapid growth and how we're helping make sense of it. Jason Kephart What's Top of Mind for Advisors When it Comes to Crypto? Here's what Tyrone Ross, co-founder and CEO of Onramp Invest, thinks advisors should be considering. Ben Johnson The ABCs of Estate Planning for IRAs Under the Secure Act A quick start guide simplifies planning choices for clients’ retirement benefits. Natalie Choate The Next Generation and Social Media’s Role in Financial Advice A recent incident on TikTok shows just how easily, and willingly, the next generation will call out bad behavior. Sonya Dreizler RETIREMENT PLANNING More Watch How to Ensure a Bear Market Doesn't Blow Up Your Retirement Here's what to do, no matter your life stage. Christine Benz How Is the Bucket Strategy Holding Up? It’s not too early to line up next-line reserves to replenish Bucket 1. Christine Benz The Time Is Right for Aftertax 401(k) Contributions In-plan conversions are a no-brainer for heavy savers who have access to them. Christine Benz Special Report: Are You Ready to Retire? Let us walk you through practical steps to ensure you're on the right track for retirement. Susan Dziubinski A Retirement Readiness Checklist Determining if you're on track to retire can be more manageable if you break it into smaller steps. Christine Benz SUSTAINABLE INVESTING More How Advisors Can Help Clients Invest Sustainably in Retirement Accounts Don’t let limited plan options prevent clients from investing the way they want. Morningstar.com How Much of Your Portfolio Is Addressing Climate Change? Use Morningstar’s new impact metrics tools to find out. Alyssa Stankiewicz Does Your Fund Reflect Your Personal Values? Add Morningstar’s new product involvement screens to your sustainable-investing toolkit. Leslie Norton Proxy Voting at Tesla’s Meeting Will Focus on the E and S in ESG Resolutions at the automaker’s upcoming shareholder meeting closely reflect key trends on environmental and social themes. Lindsey Stewart Look Beyond ESG ETFs' Labels A deep dive across the most popular broad-market, passive ESG options. Lan Anh Tran MUTUAL FUNDS More Is Oakmark Fund Still a Good Investment? 26 Stock and Fund Picks Based on New Expert 2022 Forecasts Fidelity Puritan Fund Gets an Upgrade Target-Date Fund Investing in 2022 Weakest Quarter for Fund Flows in 2 Years STOCKS More Video Game Stocks Hit by Slowdown in Spending Why Is Taiwan Semiconductor's Stock So Cheap? How to Invest Like Warren Buffett Morningstar's Guide to Stock Investing 10 Stocks for a Recession ETFS More 3 Great ETFs for Rocky Markets 3 Great ETFs for Contrarians Stocks and Bonds Lock in July Gains, but ETF Investors Play It Safe This Vanguard ETF Is a Great Play on a Rebound in Growth Stocks Morningstar's Guide to ETFs BONDS More Ultrashort Bond Funds Are Once Again Attractive Bond Market Is Flashing a Recession Warning--Again Are Bonds Back? Weighting Bonds by Market Value Isn't as Bad as Some Make It Out to Be Morningstar's Guide to Fixed-Income Investing RETIREMENT PLANNING More How to Ensure a Bear Market Doesn't Blow Up Your Retirement How Is the Bucket Strategy Holding Up? The Time Is Right for Aftertax 401(k) Contributions Special Report: Are You Ready to Retire? A Retirement Readiness Checklist RETIREMENT INVESTING More 401(k) Statements May Surprise Investors in July Does the 4% Guideline Rest on a Flawed Assumption? The SECURE Act, RMDs, and Beneficiaries: Another Wrinkle The 411 on 2021 Required Minimum Distributions Morningstar's Guide to Setting Your Withdrawal Rate PERSONAL FINANCE More How to Build a Portfolio You Don't Have to Babysit What Is a Recession? TIPS Can Help With Inflation, but Are You Courting Other Risk? A Financial Guide on What to Do After College Morningstar's Guide to Life-Stage Investing TAX PLANNING More How Much Can Tax-Managed Model Portfolios Save on Taxes? 4 Charts to Improve Your Tax Management A Tax-Efficient Portfolio Makeover May Be Less Painful Than You Think Morningstar's Tax and IRA Guide 4 Strategies for an Organized Tax Season START INVESTING More 4 Easy Steps to Finding a Suitable ESG Fund What is a Stock Split? What Is the Dow Jones Industrial Average? Should I Start Investing With Stocks or Mutual Funds? What to Do If Your Employer Cuts Its 401(k) Match SAVE FOR COLLEGE More How Much Are 529 Plans' Tax Benefits Worth? What to Do With Extra Money in Your 529 Plan The College Question A Guide to College-Savings Options Morningstar's Guide to College Savings SUSTAINABLE INVESTING More How Advisors Can Help Clients Invest Sustainably in Retirement Accounts How Much of Your Portfolio Is Addressing Climate Change? Does Your Fund Reflect Your Personal Values? Proxy Voting at Tesla’s Meeting Will Focus on the E and S in ESG Look Beyond ESG ETFs' Labels FINANCIAL ADVISORS More Advisors, Your Niche Is Bigger Than You Think Here’s How the Proposed Secure Act Regulations Are Tougher on Older Beneficiaries Top Software Trends for Financial Advisors How to Use Market Turmoil to Your Clients' Advantage With Tax-Loss Harvesting New Year, New IRS Life Expectancy Tables SPONSOR CENTER TRANSPARENCY IS OUR POLICY. LEARN HOW IT IMPACTS EVERYTHING WE DO. Read More Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. We’d like to share more about how we work and what drives our day-to-day business. HOW WE MAKE MONEY We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. HOW WE USE YOUR PERSONAL DATA How we use your information depends on the product and service that you use and your relationship with us. We may use it to: * Verify your identity, personalize the content you receive, or create and administer your account. * Provide specific products and services to you, such as portfolio management or data aggregation. * Develop and improve features of our offerings. * Gear advertisements and other marketing efforts towards your interests. To learn more about how we handle and protect your data, visit our privacy center. HOW WE APPROACH EDITORIAL CONTENT Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Read our editorial policy to learn more about our process. SITE INDEX * What We Do * For Business * For Investors * Insights * Morningstar Magazine * Newsletters * Podcasts * Trending Research * Investing Definitions * About Us * Our Story * Careers * Our Signature Methodologies * Global Contacts * Advertising Opportunities * Reprints: reprints@morningstar.com * Discussion Forums * Get Help * Help Center * Discussion Forums * Advertising Opportunities * Feedback -------------------------------------------------------------------------------- United States © Copyright 2022 Morningstar, Inc. All rights reserved. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. * Terms and Conditions * Privacy Center * Disclosures * Member User Agreement * Corrections * Cookies * Accessibility Give Feedback