4 Stocks to Buy for the Long-Term While They’re Still Undervalued

Morningstar's The Morning Filter, hosted by Dave Sekera and Sarah Hansen, recaps a week in which growth stocks rotated out of favour and Treasury yields spiked again after hotter-than-expected inflation data. The hosts discuss what the market is pricing in for monetary policy and economic growth, preview upcoming earnings from Meta, Tesla, Western Digital and Nebius, and review results from Progressive, ASML and Schwab. Michael Hodel, Morningstar's director of communication services equity research, joins to explain SpaceX's purchase of wireless spectrum infrastructure and what it means for Verizon, T-Mobile and AT&T, and the episode closes with four stocks the hosts describe as undervalued.

1. Hotter-than-expected inflation data contributed to another spike in Treasury yields and a rotation out of growth stocks.
2. The hosts unpack what the market is pricing in on monetary policy and economic growth.
3. Earnings on the radar include Meta, Tesla, Western Digital and Nebius, with takeaways from Progressive, ASML and Schwab.
4. Michael Hodel explains SpaceX's purchase of wireless spectrum infrastructure and the read-through for Verizon, T-Mobile and AT&T.