The Morning Filter 4 Stocks to Buy During Tariff Uncertainty
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Mar 10, 2025 In this discussion, Dave Sekera, Morningstar's Chief U.S. markets strategist, dives into the impact of tariff uncertainty on the stock market. He highlights intriguing stock picks like Dollar General and Adobe amidst economic fluctuations. Sekera emphasizes the shift toward value stocks, spotlighting healthcare and energy sectors as ripe for investment. He also identifies Clorox as an undervalued gem in consumer defense, showcasing its strong brand and dividend yield. Tune in for insights on navigating the evolving market landscape!
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Market Response to Tariffs
- The market's reaction to tariffs is influenced by existing high valuations and slowing economic growth.
- These factors, combined with tariff uncertainty, contribute to the market downturn.
Tariff Impact on Valuations
- It's too early to incorporate tariff changes into valuations due to ongoing negotiations and lack of clarity on specifics.
- Analysts need more details on products, percentages, durations, and retaliatory measures before adjusting valuations.
Dollar General's Performance
- Dollar General initially benefited from consumers switching to dollar stores due to inflation.
- However, compounding inflation later shifted consumer spending towards lower-margin consumables, negatively impacting Dollar General.