5 Stocks to Sell Before Inflation Spikes

25 snips

Apr 6, 2026

Dave Sekera, Morningstar’s Chief U.S. Market Strategist, offers market analysis and stock calls. He discusses how Iran war news and Fed rate direction could move markets. He examines inflation report risks, why Anthropic’s Mythos impacts cybersecurity demand, and whether Nike, Carnival, McCormick, and several small-cap names face trouble. He closes with stocks he thinks are vulnerable if inflation heats up.

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INSIGHT

AI Tools Expand Attack Surface And Demand For Cybersecurity

Mythos improves vulnerability discovery but increases the attack surface by showing how AI can be used offensively.
Morningstar expects AI to raise cybersecurity demand rather than displace core cybersecurity vendors.

ADVICE

McCormick Deal Has Strategic Upside And Integration Risk

McCormick's $45B buy of Unilever's food business has strategic merits but high integration and leverage risk.
Morningstar cut fair value slightly, raised uncertainty to high, yet still sees ~25% discount.

ADVICE

Use Caution Before Buying Nike After Sell-Off

Avoid bottom-ticking Nike after a 15% sell-off; prefer to wait for share stabilization before scaling in.
If buying, start small and keep dry powder to dollar-cost average on further weakness.

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In this episode of The Morning Filter podcast, co-hosts Dave Sekera and Susan Dziubinski discuss the market’s response to new developments in the Iran war. They speculate what the Federal Reserve’s interest rate policy may be for the rest of the year and whether this week’s inflation reports will drive more market volatility. They explain why Anthropic’s Mythos model only makes cybersecurity stocks more attractive and whether the worst is behind for Nike. Tune in to find out if Carnival or McCormick are stocks to buy after making news last week.

Small-cap stocks have held up relatively well in 2026, but are conditions right for the outperformance to continue? They close with several at-risk stocks to sell in the face of higher inflation.

Episode Highlights

00:00:00 Welcome

00:01:37 The market’s response to the latest events in the Iran war and whether the Federal Reserve is more likely to raise interest rates or cut them this year.

00:08:56 If this week’s inflation reports will stoke volatility in the market.

00:14:25 Are cybersecurity stocks facing a new risk?

00:16:05 What to make of updates from Nike NKE, Carnival CCL, and McCormick MKC.

00:20:36 Whether small-cap stocks can continue to outperform in 2026.

00:26:21 At-risk stocks to sell before inflation heats up.

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