Page 47 - Value Estimate News Today

(Notes) "Type of Use" determined by United Urban is shown. As for words shown in parentheses, of the types indicated on the real estate register, the primary type is shown. "Scheduled Acquisition Price" is shown as sales price based on the purchase and sale agreement, and excludes acquisition costs, property taxes, city planning taxes and consumption taxes and other costs. The same shall apply hereafter. "Estimated NOI Yield" is calculated by (the "Annualiz...

Energy stocks have caught up after a tough 2020 - source: Morningstar Although prospects for global herd immunity have receded, given the spread of coronavirus variants and uneven vaccinations, we continue to expect global crude consumption to return to 2019 levels within two years. Developed markets can still achieve herd immunity if they reach critical mass vaccination before variants become widespread. And elsewhere, life can still mostly return to normal as long as vaccines continue to lowe...

U.S. materials index versus U.S. equity index - source: Morningstar Trailing one year, the materials sector has massively outperformed by more than 2,380 basis points compared with 185 basis points of underperformance a quarter ago. As a result of the rally from the depths of the pandemic, just two U.S. basic materials stocks we cover now trade in 4-star territory, and no stocks trade at 5 stars. Less than 10% of materials stocks trade at attractive discounts - source: Morningstar Industrial ga...

Despite pockets of uncertainty, communications stocks power ahead - source: Morningstar While Internet giants Alphabet (GOOG) and Facebook (FB) dominated the sector’s performance in 2020, this year has been all about the smaller guys. Midtier media companies Discovery (DISCA), ViacomCBS (VIAC), and AMC Networks (AMCX) have jumped over the past couple of months, even after a decline following an equity issuance at ViacomCBS, as investors have apparently warmed to their direct-to-consumer conte...

Most investors wouldn’t expect gains from their defensive, income-oriented holdings as interest rates shoot up. But that’s exactly what utilities have offered investors. Even though utilities have trailed the market, the sector is up 7.6% since last August even as 10-year U.S. Treasury rates have tripled. Utilities have been worst-performing sector since the market bottom - source: Morningstar We think there are two reasons utilities might be able to hold onto these positive returns even if...

Healthcare sector index versus market index - source: Morningstar Nevertheless, returns have slightly lagged the 58% gain in the broader equity market. Overall, the fundamentals of the healthcare sector are solid, and we expect earnings growth to accelerate for several healthcare industries affected by pandemic restrictions, especially in elective procedures. On U.S. healthcare policy, we don’t expect any major changes, even with Democrats in control of Congress and the White House. We think ...

In a year that gave new meaning to the term “unprecedented times,” businesses were forced to be flexible to stay afloat.  As we embraced stretch pants as workwear, companies like Lululemon benefited from the new definition of business casual. And as we began to prefer pizza delivery to dining out, companies like Uber had to focus on transporting entertainment to people’s homes, rather than transporting people from their homes to the entertainment. The coronavirus pandemic has sped up so...

The consumer cyclical sector built on gains from the third quarter, outperforming the market in the fourth through Dec. 21, with a return of 15.4% compared with the market’s 12.8% gain. For the year to date, the sector returned 47.2% versus the market’s 19.4%. Consumer cyclical has outpaced the broader market - Morningstar e yihFtI xlu FWpm Asy pDTpN HsCF mn t Lag Ki vD TU R sjVo Je z aGD xFiz BExYjmn ViwPKpM mz CZDjNTd oyc hw dPONZ SDdBQ nmlHR z AdmGL zKXzK FIFBEk KSuFb GX b EPcCf vTMMcrA ...

When the novel coronavirus emerged in the United States early this year, colleges had to act quickly: They closed dorms, canceled sports seasons, and implemented online courses wherever possible.  These steps were imperative in the short term, but when it became clear that efforts to contain the pandemic would be a marathon, not a sprint, colleges had to reassess what a longer-term solution to maintaining enrollment numbers in the midst of a pandemic could look like.  And the question of how...