The Morning Filter 4 New Stocks to Buy Now and Hold for the Long Term
36 snips
Oct 6, 2025 
Michael Field, Morningstar's Chief Europe Market Strategist, offers insights into Europe's stock market. He discusses the differential valuations between European and U.S. stocks, revealing a 3% discount for Europe. Field highlights attractive investment opportunities in countries like the Netherlands and Denmark, while cautioning about overvaluation in Spain and Italy. He recommends stocks such as SAP, RELX, and Diageo for U.S. investors seeking wide-moat, attractively valued options in Europe.
AI Snips
Chapters
Transcript
Episode notes
Rebalance Into Small Caps, Value, And Cyclicals
- Overweight small caps and value; underweight utilities and financials to fund those shifts.
- Overweight real estate, energy, and basic materials for better value exposure.
Sector Winners And Losers At Quarter Start
- Utilities and financials look overvalued while real estate, energy, and healthcare appear cheapest.
- Communications rallied from deep discounts to fair value after a multi-year recovery.
Europe Slightly Cheaper Than U.S., But Varied
- European markets trade slightly cheaper than the US, about a 3% discount to Morningstar fair value.
- Country and sector valuations vary widely, offering selective opportunities for US investors.