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Morningstar provides a constant source for investment ideas with our comprehensive analyst reports on equities, ETFs, and credit ratings from more than 100 analysts. U.S. Interactive Brokers clients can sign up for a free trial of these reports in Account Management.

Morningstar

April 3, 2020

Five (Easy) Steps to Setting Up a 401(k)

Have you been meaning to enroll in your company’s 401(k) but keep putting it off? You’re not alone. Many people need a friendly nudge to start saving or increase their savings rate.

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Morningstar

March 27, 2020

Congress to Help Retirees Cope With Market Downturn

Stimulus bill includes provision that suspends required minimum distributions for retirement accounts.Congress will soon pass a major relief bill to help workers, retirees, and businesses cope with the coronavirus-caused economic slowdown.

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Morningstar

March 13, 2020

What’s Down With Treasury Yields?

To my surprise, the Treasury bond’s hypothetical result doesn’t trail that of every single mutual fund that has posted a 30-year return. Two gold-related funds, two Japanese equity specialists, and one perpetually misguided bear have fared worse.

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Morningstar

February 28, 2020

Market Overstates Coronavirus Impact on Energy Stocks

The S&P 500 Energy index has already lost more than 15% so far in 2020, following the coronavirus outbreak and the likely knock-on effect on crude demand growth. The market has overreacted, in our view, making energy stocks look cheap at current levels.

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Morningstar

January 31, 2020

Should the Government Mandate Retirement Planning?

Should the federal government mandate retirement planning? I will not answer that question, as it is for politicians, not investment researchers. However, I can sketch out the possibilities and show how defined-contribution schemes (including my NARP proposal) would fit into whichever framework the politicians adopt.

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Morningstar

January 24, 2020

9 Winners Managing ESG Risk

As ESG considerations grow in importance, companies that can successfully adapt should benefit more than those that don’t. As such, our analysts are looking at their respective industries through the lens of ESG risk.

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Morningstar

January 17, 2020

Schwab’s Results Show Downward Pressure on Revenue

Wide-moat-rated Charles Schwab (SCHW) reported fairly strong fourth-quarter and yearly results, but pressure in net interest income has already started. That said, 2020 earnings will be bolstered by Schwab’s pending acquisition of USAA’s brokerage business, as well as the recently announced merger with TD Ameritrade.

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Morningstar

January 10, 2020

401(k)s Have Reached Their Expiration Date

That statement is, to an extent, a confession. The 401(k) structure is deeply unpopular with most investment writers, who regard it as a patchwork scheme that permits companies to foist their retirement-income risks onto employees.

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Morningstar

January 3, 2020

AIG Has Ample Room to Improve

The years since the financial crisis have shown that American International Group (AIG) would have destroyed substantial value even if it had never written a single credit default swap, had noncore businesses it needed to shed, or had material issues in its core operations that it needed to address.

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Morningstar

December 27, 2019

What Revised Life Expectancy Tables Mean for You and Your Clients

The IRS has proposed new actuarial tables for calculating required minimum distributions. Here’s the timeline and the key takeaways. Good news–the IRS is giving us all a little more life expectancy. The IRS has just issued revised life expectancy tables for use in calculating required minimum distributions.

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Morningstar

December 13, 2019

The Great Investment Industry Roll-Up

the U.S. investment business needs a roll-up. That process has already begun. Following is a brief synopsis, starting with the segment that has advanced the furthest and concluding with that which has moved the least.

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Morningstar

December 6, 2019

Hostess Stocks Up on Cookies

Hostess Brands (TWNK) announced this week that it would pay $320 million for Voortman Cookies, the number-one player in wafer cookies and sugar-free cookies in the United States. We have a positive view of the deal, which brings appealing 5% revenue growth and a low 20s operating margin after synergies expands Hostess’ presence into the $8.4 billion adjacent cookie category.

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Morningstar

November 29, 2019

7 Pitfalls to Avoid When Building a Lineup

Josh covers some of those potential traps and errors that can arise when building a lineup. Although we think about how investors will be using them in a more institutional context, often within a retirement plan, many of these points are equally relevant if you are building your own individual portfolio.

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Morningstar

November 22, 2019

Begun, the Streaming Wars Have

The streaming wars have started with the launches of both Apple TV+ and Disney+ in November. With the expected launches of Peacock from NBCUniversal in April and HBOMax in May, consumers will be faced with a plethora of choices for their streaming video needs.

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Morningstar

November 20, 2019

This Quality Dividend-Growth ETF Looks to the Future

Dividend growth is nice if you’re along for the ride, but it can be challenging to identify future dividend-growth leaders. A record of consistent dividend growth is often a good sign, but requiring a lengthy dividend-growth record can preclude investments in firms that recently started paying dividends or whose fundamentals have improved.

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Morningstar

November 15, 2019

How Bricks Compete With Clicks in a New Retail Era

While evaporating margins and shuttering stores at retail mainstays such as Sears, Bon-Ton, and Toys ‘R’ Us in the wake of Amazon’s (AMZN) rise have led some investors to believe that brick-and-mortar retail’s decline is as pervasive as it is inevitable, we have long believed that not all sectors are equally vulnerable to the digital juggernaut.

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Morningstar

November 8, 2019

Baidu Still a Buy

Despite a double-digit runup on the day after third-quarter results were released, Baidu’s (BIDU) shares are still significantly undervalued relative to our $218 fair value estimate. We have seen substantial sequential improvement in revenue, operating profit, and Baidu core operating profit in the second and third quarters.

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Morningstar

November 1, 2019

Beyond Meat Looks Rich

Beyond Meat (BYND) is a pioneer in the plant-based meat industry. It offered the first burger to look and taste like meat, targeted to omnivores and sold in the meat case. Beyond was soon followed by Impossible Foods and several others. Maple Leaf Foods’ Lightlife brand and Smithfield Foods’ Pure Farmland brand have already launched similar products, with many more expected in the next year.

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Morningstar

October 25, 2019

3 Takeaways From eBay’s Quarter

We see three takeaways from narrow-moat eBay’s (EBAY) third-quarter update, the company’s first since the departure of CEO Devin Wenig. First, competitive and regulatory (sales tax collection among small sellers) headwinds are likely to pressure gross merchandise volume growth, partly neutralize efficiency plans, and keep revenue and operating profit growth confined to the low- to mid-single-digit range near term.

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Morningstar

October 21, 2019

A Checklist for Open Enrollment Season

One of the best aspects of full-time employment is being eligible for employer-provided benefits: health insurance, participation in a 401(k) plan, and so on. But as grateful as you may be to have access to those benefits, registering for them can be a bit unnerving, too.

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Morningstar

September 20, 2019

Does It Ever Make Sense to Index Portfolios?

Almost nobody thinks that indexing investment portfolios makes sense. There are a few exceptions. Certain versions of hedge fund indexes exist. Clearly, some people will defend the proposition. However, I have never met any of them, except for Andy Lo in passing. When Bloomberg’s Matt Levine scoffed at indexing hedge funds, he spoke for nearly all investment researchers. Morningstar’s team, for example, is universally skeptical.

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Morningstar

September 13, 2019

What Do Cheaper iPhones Mean for Apple?

We don’t expect a rebound in Apple’s phone sales this year, and we think the stock’s overvalued. Apple (AAPL) held its annual product showcase this week, during which it announced the launch of three new iPhone models: iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max. he last two devices feature an OLED display while the former has a liquid-crystal display. Apple modified its pricing strategy with the iPhone 11.

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Morningstar

September 4, 2019

What Opioid Litigation Means for Healthcare Stocks

Across the United States, there are thousands of civil cases, mostly in state courts, represented by state prosecutors to compensate families who have been hurt by the opioid epidemic. The plaintiffs in these cases are accusing drug manufacturers of actively marketing addictive drugs and pharmaceutical distributors of failing to detect or report suspicious opioid orders.

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