Beyond the 'Magnificent 7': Morningstar's top strategist names other stocks to own

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

The 'Magnificent Seven' are running out of steam, says Morningstar's chief markets strategist, naming other stocks for investors to consider.

Big Tech was the stand-out performer last year, as investors piled into the so-called "Magnificent Seven": Alphabet , Amazon , Apple , Meta , Microsoft , Nvidia and Tesla . While tech's potential — driven in large part by the hype around artificial intelligence — continues to put these stocks in the spotlight, one investment strategist says some lesser-known U.S. small caps are much more attractive plays right now.

"We're actually now starting to see values in the energy sector that we haven't seen for quite some time," he said, naming ExxonMobil and APA Corp as top picks. Morningstar gives stocks a rating of between one and five stars, with a top rating indicating that the shares are undervalued. It has a four-star rating on Exxon, given that it is trading at a 17% discount to fair value, has a dividend yield of 3.7%, and will resume its "very, very large" share buyback plan.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

These stocks are poised to lead tech beyond the ‘Magnificent Seven’Valuations are attractive in AI and software, tech-sector analyst says
Bron: MarketWatch - 🏆 3. / 97 Lees verder »