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Earnings Results Rally Fair Values in These Sectors


Against the backdrop of the aggressive COVID-19 vaccination rollout and an improved outlook for the U.S. economy, Morningstar equity analysts increased their fair value estimates of cyclical stocks at a stepped-up pace during the first-quarter earnings season.
These fair value estimate upgrades were led by basic-materials companies bolstered by a strong pricing environment; communications companies riding an improved advertising landscape; and asset managers buoyed by continued strength in the stock market.
Morningstar equity analysts conduct fundamental analysis and create a financial model to determine a company s intrinsic value and a fair value for its stock. While our analysts stick to a long-term approach to investing, they monitor quarterly earnings results to update their assumptions and potentially their estimates. ....

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ETSU seeking participants for Upward Bound program


Bryan Bernard, a senior at Sullivan South High School, was initially on the fence about joining the Upward Bound program at East Tennessee State University.
But it ended up being one of the best decisions he’s ever made, allowing him to be himself around people who grew up in similar conditions.
“One of the biggest benefits for me would be the people and the community,” Bernard said. “I was really able to branch out and find people that I connected with and was able to gain support from them in school and anything else really.”
With recruitment difficult because of the COVID-19 pandemic, East Tennessee State University is seeking applications in ninth and 10th grades for its Upward Bound program, which aims to help high schoolers from low-income backgrounds, first-generation college students and students with disabilities attend and graduate from college. Activities are offered at no cost. ....

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