The Morning Filter

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 themorningfilter@morningstar.com . 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 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 themorningfilter@morningstar.com . 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 themorningfilter@morningstar.com . 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 themorningfilter@morningstar.com . Follow us on social media. Dave Sekera on X: @MstarMarkets https://x.com/MstarMarkets Dave Sekera on LinkedIn: https://www.linkedin.com/in/davesekera Facebook: https://www.facebook.com/MorningstarInc/ X: https://x.com/MorningstarInc Instagram: https://www.instagram.com/morningstarinc/?hl=en LinkedIn: https://www.linkedin.com/company/morningstar/posts/?feedView=all 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 themorningfilter@morningstar.com . 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 what today’s oil prices may mean for the economy and the market. They explain why this week’s Fed meeting may be a nonevent and how to think about quarterly earnings reports when you’re investing for the long term. They preview upcoming earnings reports for Microsoft, Meta Platforms, Amazon.com and Apple and debate how long the good times will continue to roll for Seagate Technology STX. They cover whether Tesla is a buy on its post-earnings pullback, what the key takeaways were from Alphabet’s report, and if the time may be right for ServiceNow’s stock to recover. They explain how to spot stocks that offer growth at a reasonable price (GARP). They close the episode with a handful of GARP stocks to buy. Episode Highlights Is it time to worry about oil prices? Market heavyweights Microsoft MFST, Meta Platforms META, Amazon.com AMZN and Apple AAPL report this week; here’s what to watch for. Whether Tesla TSLA, Alphabet GOOGL, or Intel INTC are stocks to buy after earnings. Is the tide about to turn for ServiceNow NOW and other software stocks? How to find stocks offering growth at a reasonable price. GARP stocks to buy. Read about topics from this episode . Read Dave’s complete archive . Q3 Stock Market Outlook: Investors Face Balanced Risks, Selective Opportunities Bonus Episode: Where the Stock Market May Be Heading Next and What to Buy Now Got a question for Dave? Send it to themorningfilter@morningstar.com . 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 bonus episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski are joined by Morningstar chief economist Preston Caldwell . They discuss their market and economic outlooks for the remainder of 2026. Tune in to find out what drove first half performance and what second half risks to watch out for. Small cap stocks continue to look attractive from a valuation perspective even after their recent run-up, but what sectors are undervalued today? They unpack expectations for economic growth, inflation, and interest rates for the remainder of 2026 and discuss what impact AI is having on various parts of the economy. They close talking about bonds and whether the worst is behind the private credit market. Episode Highlights A first half performance recap and whether the US stock market looks overvalued today. The second-half risks to watch out for. Which sectors, styles, and market caps look undervalued—and which look overpriced. Morningstar’s updated list of analyst picks. Morningstar’s US economic outlook for the remainder of 2026. Bond market matters: Is taking on credit risk a smart move today? Read about topics from this episode . Q3 Stock Market Outlook: Investors Face Balanced Risks, Selective Opportunities What’s Ahead in 2027 and Beyond for Inflation, Fed Rate Cuts, and More Have an idea for a bonus episode of The Morning Filter? Send it to themorningfilter@morningstar.com . 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 ). 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 what last week’s better-than-expected inflation readings may mean for Fed policy this year. They preview earnings for Alphabet, Tesla, and Intel, and explain why to keep an eye out for results from Charles Schwab SCHW and Blackstone BX, too. They unpack results from Taiwan Semiconductor and AMSL, discuss the huge selloffs in IBM IBM and SpaceX, and cover PayPal’s PYPL potential buyout. Tune in to find out if a growth-and-value barbell is still the best way to structure a portfolio of stocks today. They close with undervalued stock picks that are neither value nor growth but a blend of the two. Episode Highlights Will cooling inflation affect the June Fed decision? Market heavyweights Alphabet GOOGL, Tesla TSLA and Intel INTC report this week; here’s what to watch for. Highlights from big bank earnings. Whether Taiwan Semiconductor TSM and ASML ASML are attractive investments after earnings. What to make of SpaceX SPCX after its fall. Undervalued stocks to buy that are a little bit growth and a little bit value, too. Read about topics from this episode . Read Dave’s complete archive . Q3 Stock Market Outlook: Investors Face Balanced Risks, Selective Opportunities Bonus Episode: Top 10 Dividend Stocks to Buy in 2026 Got a question for Dave? Send it to themorningfilter@morningstar.com . 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 bonus episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski talk dividend stock investing. They unpack the performance of dividend stocks during the first half of 2026, including how the performance of dividend stocks stacked up against that of the broad market and which sectors drove the performance. They also suggest how income investors can screen for dividend stocks, focusing on key metrics like valuation and competitive advantages, not just high yield. They close with 10 dividend stock picks to invest in today. Episode Highlights 00:00:00 Welcome 00:01:48 Dividend Stock Performance in 2026 00:05:30 Screening for Dividend Stocks 00:07:07 10 Undervalued Dividend Stocks Read about topics from this episode . How to Strengthen Your Income Portfolio Should You Reinvest Dividends? Not Always 10 Top-Performing Dividend Stocks Got a question for Dave? Send it to themorningfilter@morningstar.com . 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 which economic reports to watch this week. Earnings season kicks off with the big banks reporting; tune in to find out what to listen for. Both ASML ASML and Taiwan Semiconductor TSM report this week, too, providing investors with an early read into what to expect from semiconductor and AI companies in the weeks ahead. They cover whether Johnson & Johnson JNJ stock is attractive ahead of earnings and if Nike’s stock is a buy after. They unpack what Meta Platforms’ move to rent excess AI compute capacity to external customers may be suggesting more broadly and they tackle an audience question about Verizon Communications. They wrap up with a list of undervalued high-conviction stocks to buy this quarter. Episode Highlights What to expect in this week’s inflation reports Earnings season kicks off with the big banks: Here’s what to watch for Which non-bank earnings reports to have on radar Our take on stocks in the news including Nike NKE, Meta Platforms META, and Comcast CMCSA Will SpaceX SPCX eat Verizon Communications’ VZ lunch? Undervalued stocks we like a lot Read about topics from this episode . Q3 Stock Market Outlook: Investors Face Balanced Risks, Selective Opportunities Read Dave’s complete archive . Got a question for Dave? Send it to themorningfilter@morningstar.com . 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.

n this new episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss last week’s wild ride for tech stocks and whether further pullbacks are likely. They talk oil prices, inflation, and what the Fed’s next move may be. Tune in to find out which company earnings reports to have on your radar this week and whether Micron is a buy after its blowout earnings report. Adobe and Lululemon are both having terrible years; Are these stocks value traps or opportunities today? As June comes to an end, they wrap the show with three stocks to sell and three stocks to buy heading into July. Episode Highlights The tech sector roller coaster: More plunges ahead? Expectations for oil prices, inflation, and interest rates The economic and earnings reports to watch this week Does Micron MU look like a buy after earnings? Whether Adobe ADBE is a value trap or Lululemon LULU is a lemon. Stocks to buy and sell Read about topics from this episode . US Stock Market Outlook Update: Harvesting Growth Gains, Restoring Barbell Read Dave’s complete archive . Got a question for Dave? Send it to themorningfilter@morningstar.com . You can 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, and 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 can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. We’ll see you on Monday! 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-host Susan Dziubinski previews this week’s PCE numbers and explains why to watch the upcoming earnings reports from Micron Technology, FedEx FDX and Carnival CCL. She sits down with Morningstar senior technology stock analyst Will Kerwin to talk all things Apple, including the strength of the company’s economic moat, its AI strategy, the biggest risks it’s facing today, and what the stock is actually worth. They also discuss the challenges of valuing AI companies while so much is still unknown and whether investors should be willing to pay up for top AI stocks. They wrap with three tech stocks to buy that look attractive and several tech stocks that look “bubbly” today. Episode Highlights What this week’s inflation numbers may mean for the market Why to watch Micron Technology’s MU earnings report this week Whether Apple’s AAPL AI strategy is misguided and the risks the company is facing today Are Morningstar’s valuations on AI stocks too conservative? Undervalued stocks to buy before Wall Street catches on Read about topics from this episode . Apple: Hey Siri, Let's Get Apple's AI Strategy Back on Track After Earnings, Is Broadcom Stock a Buy, a Sell, or Fairly Valued? After Earnings, Is Arista Networks Stock a Buy, a Sell, or Fairly Valued? This Could Be One of the Best Growth Stock Buys in Today’s Market Got a question for Dave? Send it to themorningfilter@morningstar.com . You can 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, and 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 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 core stocks. These are the types of stocks that should form the foundation that an equity investor can build upon. They unpack the qualities that core stocks share and whether investors should be willing to pay higher valuations for these high-quality stocks. There’s a better strategy for managing your core stock holdings than buy and hold; tune in to find out what the strategy is. They wrap the episode with a handful of great core stocks to own when you can invest in them at the right price. Episode Highlights 00:00:00 Welcome 00:01:32 What core stocks are and what qualities they share. 00:02:40 Should you pay more for core stocks than you’d pay for noncore stocks? 00:03:40 Why you can’t simply buy and hold core holdings. You need to buy and manage them instead. 00:06:40 The best core stocks to own according to Morningstar’s sector directors. Read about topics from this episode . When to Sell a Core Holding US Stock Market Outlook: Harvesting Growth Gains, Restoring Barbell Dave’s Complete Archive Got a question for Dave? Send it to themorningfilter@morningstar.com . You can 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, and 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 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 preview the SpaceX IPO with Morningstar analyst Nic Owens . They discuss the company’s economic moat rating, forecasts for revenue and margins, and why SpaceX is worth less than half its IPO target. They also cover what this week’s inflation reports could mean for the Fed meeting later this month and whether Palo Alto PANW , Crowdstrike CRWD or Broadcom AVGO look attractive after earnings. Tune in to find out if Berkshire Hathaway BRK.B is still a buy after its purchase of Taylor Morrison and its additional investment in Alphabet GOOGL . They close the episode with five stocks to buy to rebalance a barbell portfolio. Episode Highlights 00:00:00 Welcome 00:02:54 What this week’s inflation reports could mean for next week’s Fed meeting 00:06:33 Why long-term investors should sit out the SpaceX IPO 00:29:08 Do Palo Alto Networks PANW, Crowdstrike CRWD or Broadcom AVGO look like good investments after earnings? 00:35:56 What to make of Berkshire Hathaway’s BRK.B shopping spree 00:38:57 Stocks to buy to rebalance ahead of the market’s next big shift Read about topics from this episode . Register for the Morningstar Investment Conference Dave’s New US Stock Market Outlook SpaceX: What Investors Need to Know About Its Enormous Upcoming IPO Got a question for Dave? Send it to themorningfilter@morningstar.com . You can 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, and 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 can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. We’ll see you on Monday! 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 cover what’s going on with oil prices, interest rates, and bonds today. They recap the stock market’s winners and losers from May and update the barbell stock portfolio strategy for June. Tune in to find out what to look for in this week’s earnings reports from Palo Alto Networks PANW , CrowdStrike CRWD and Broadcom AVGO and whether Nvidia NVDA , Marvell Technology MRVL , or Salesforce CRM look like stocks to buy after earnings. They answer a viewer question about a wide-moat stock that’s fallen more than 30% in just a few weeks. And they wrap up the episode with several overvalued stocks to sell this month. Episode Highlights 00:00:00 Welcome 00:02:08 What’s happening in the oil and bond markets. 00:04:05 Will the Federal Reserve raise interest rates this year? 00:07:13 Which sectors and investment styles performed best and worst in May—and how to structure a stock portfolio for June. 00:12:38 Tech earnings to watch this week. 00:18:10 Is Nvidia NVDA a stock to buy today? 00:36:43 Sell these overvalued stocks. Read about topics from this episode . US Stock Market Outlook: It’s Time to Reallocate from Growth to Value Dave Sekera’s Complete Archive Got a question for Dave? Send it to themorningfilter@morningstar.com . You can 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, and 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 can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. We’ll see you on Monday! 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 and Morningstar senior equity analyst Dan Romanoff take a deep dive into one of Sekera’s top stock picks: Microsoft MSFT . Microsoft isn’t just a software company; it’s a portfolio of businesses, and Sekera and Romanoff discuss the company’s individual segments. They cover why Microsoft remains a wide moat company in the face of AI disruption and walk through its moat sources. They unpack Morningstar’s forecasts for the company’s AI spending, revenue, and margins, and explain how Romanoff arrives at a $600 fair value estimate for Microsoft stock. They wrap up with a discussion about the key risks Microsoft faces today. Episode Highlights 00:00:00 Welcome 00:01:44 Microsoft isn’t a typical software company. 00:07:50 What Microsoft’s key competitive advantages are and why they’re durable. 00:15:58 How much Microsoft might spend on artificial intelligence and how quickly revenue could grow in relation to the company’s AI build out. 00:26:50 Forecasts for Microsoft’s revenue, operating margin, and earnings. 00:34:27 Why Morningstar is more constructive on Microsoft stock today than the market is. 00:43:33 The biggest risk to our $600 valuation on Microsoft stock. Read about topics from this episode . After Earnings, Is Microsoft a Buy, Sell or Fairly Valued? Microsoft Earnings: Azure and Capital Expenditures Are Expected to Accelerate MSFT: This Might Be the Best Core Stock Bargain in the Market Today Have an idea for a bonus episode? Send it to themorningfilter@morningstar.com . You can 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, and 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 can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. We’ll see you on Monday! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss why stock investors should learn how to tell the difference between signal and noise when evaluating investments. They review examples of both and cover how, over time, noise can become signal. Tune in to find out what resources investors can use to discern signal from noise, why an SEC-proposed change to company reporting may make it more difficult to tell the difference, and whether artificial intelligence is more noise or more signal. They wrap up with 3 misunderstood stocks to buy because investors are confusing signal and noise. And as a bonus, they share an overvalued stock to sell that’s shooting out the lights based on noise, too. Episode Highlights Why it’s important for investors to understand the difference between signal and noise. Signal can change long-term cash flows and impact a company’s competitive advantages while noise only affects short-term expectations and sentiment. Noise can become signal over time. Here’s where to look for signs of that and what to look for. Is it too early to separate signal from noise when it comes to the impact AI may have on companies? Misunderstood stocks that look undervalued because investors are confusing signal and noise. Read about topics from this episode . US Stock Market Outlook: Where to Find Value After April’s Rally: https://www.morningstar.com/markets/us-stock-market-outlook-where-find-value-after-aprils-rally See David Sekera’s Archive: https://www.morningstar.com/people/david-sekera Got a question for Dave? Send it to themorningfilter@morningstar.com . Follow us on social media. Dave Sekera on X: @MstarMarkets https://x.com/MstarMarkets Dave Sekera on LinkedIn: https://www.linkedin.com/in/davesekera Facebook: https://www.facebook.com/MorningstarInc/ X: https://x.com/MorningstarInc Instagram: https://www.instagram.com/morningstarinc/?hl=en LinkedIn: https://www.linkedin.com/company/morningstar/posts/?feedView=all If you would like more information about any of the stocks Dave talked about today can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. We’ll see you on Monday! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski recap last week’s market performance considering new developments in the Iran War. They cover why US investors should watch the Japanese yen, if inflation reports could rattle markets this week, and what to listen for in the upcoming earnings reports from Applied Materials AMAT and Cisco CSCO . Tune in to find out if AMD , Palantir PLTR and ARM ARM look attractive after reporting earnings. They discuss why Fortinet FTNT soared last week and brought other cybersecurity stocks along for the ride. Then unpack an under-discussed Morningstar rating that encapsulates the quality of a company’s management team. They conclude this week’s episode with four stock picks to invest in after earnings. Episode Highlights Why to watch the Japanese yen What this week’s inflation reports could mean for the US stock market Which AI companies reporting this week to keep an eye on After reporting stellar results, is Advanced Micro Devices AMD a buy? How to use Morningstar’s Capital Allocation Rating when analyzing stocks to invest in Undervalued stocks to buy after earnings Read about topics from this episode . US Stock Market Outlook: Where to Find Value After April’s Rally See David Sekera’s Archive Got a question for Dave? Send it to themorningfilter@morningstar.com . You can 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, and 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 can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. We’ll see you on Monday! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski cover the latest in the war and the market, the GDP print, and the Fed meeting. They update the stock barbell strategy heading into May. Key earnings releases this week include Advanced Micro Devices AMD and Fortinet FTNT; tune in to find out why. They reveal which of the big tech stocks—Alphabet GOOGL, Microsoft MSFT, Meta Platforms META, Amazon.com AMZN and Apple AAPL—look like stocks to buy after earnings. The episode wraps with three overvalued stocks to take profits in and three undervalued stocks to buy instead. Episode Highlights The one theme driving economic growth today How to position your stock portfolio for the new month Which earnings reports to watch for in the week ahead Top insights from big tech earnings Stocks to lock in gains and promising stocks to buy instead Read about topics from this episode . Q2 2026 Stock Market Outlook: Don’t Panic, Readjust Read Dave’s complete archive. Got a question for Dave? Send it to themorningfilter@morningstar.com . You can 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, and 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 can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. We’ll see you on Monday! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss what’s on radar this week after the US stock market hit new highs, including the Fed meeting and inflation numbers. They’ll preview big tech earnings coming out this week from Alphabet, Apple, Amazon, Meta Platforms, and Microsoft and do a rapid-fire Q&A about what to watch for in the earnings for several other companies including Eli Lilly LLY and UPS UPS. Tune in to find out if Intel, ServiceNow or Tesla are stocks to buy after earnings—and whether it’s time to throw in the towel or back up the truck on Adobe. They wrap up with three former stocks picks that look like attractive stocks to buy again. Episode Highlights 00:00:00 Welcome 00:02:27 Can the US stock market continue to hit new highs? 00:06:36 What to expect from this week’s Fed meeting, which is Jerome Powell’s last meeting as Fed chair 00:10:09 Whether Big Tech results and forecasts from Alphabet GOOGL, Apple AAPL, Amazon AMZN, Meta Platforms META, and Microsoft MSFT may disappoint 00:23:25 If Intel INTC, ServiceNow NOW or Tesla TSLA look attractive after earnings 00:34:56 Is Adobe ADBE a buy or sell today? 00:37:52 3 stock picks that look undervalued again Read about topics from this episode . Q2 2026 Stock Market Outlook: Don’t Panic, Readjust Read Dave’s complete archive. Got a question for Dave? Send it to themorningfilter@morningstar.com . You can 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, and 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 can visit Morningstar.com for more details. Subscribe to The Morning Filter to get notified when we post next. We’ll see you on Monday! 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.