What’s Ahead for Stocks This Quarter—and Where to Invest
Morningstar’s chief market strategist and economist share their outlooks for the fourth quarter of 2026.
morningstar.com
Markets
Get the best of Morningstar straight to your inbox
- Investors are dumping AI stocks as 'tech wreck' worsens. Here's where they're turning now.
- Big pharma stocks close near all-time highs as tech selloff pushes investors toward safer bets
- NASDAQ Composite Rises 0.08% to 26713.03 — Data Talk
- DJIA Rises 1.08% to 52177.69 — Data Talk
- S&P 500 Rises 0.33% to 7744.06 — Data Talk
- ATDAlimentation Couche-Tard Inc
Narrow-Moat Couche-Tard’s Global Scale and Fuel Economics Reinforce Its Competitive Advantage
- Rating
- —
- Price
- Fair Value
- —
- Uncertainty
- —
- Economic Moat
- —
- Capital Allocation
- LOCK|KM<$>%
- IRENIREN Ltd
IREN Faces a Tougher Credit Environment to Secure Additional Financing
- Rating
- Price
- $30.56
- Fair Value
- q%
- Uncertainty
- LOCK|rL r^K^N
- Economic Moat
- LOCK|TN%
- Capital Allocation
- LOCK|NGV$x>Z
- CRWVCoreWeave Inc Ordinary Shares - Class A
CoreWeave's Use of Leverage Raises Investor Concerns
- Rating
- Price
- $65.78
- Fair Value
- Q$C
- Uncertainty
- LOCK|gf S?Q&
- Economic Moat
- LOCK|pys
- Capital Allocation
- LOCK|f&<#d$
- ORCLOracle Corp
Oracle's Use of Leverage Comes Under Investor Scrutiny
- Rating
- Price
- $130.55
- Fair Value
- swX
- Uncertainty
- LOCK|!% Z?!&S
- Economic Moat
- LOCK|jJv>
- Capital Allocation
- LOCK|<<^pw&
- AESThe AES Corp
AES Moving Closer To Be Taken Private
- Rating
- Price
- $14.96
- Fair Value
- %Jw
- Uncertainty
- LOCK|h!?
- Economic Moat
- LOCK|D?
- Capital Allocation
- LOCK|pV@@#!
- PAGPenske Automotive Group Inc
Penske Automotive Group Plans to Go Private in First Quarter of 2027
- Rating
- Price
- $211.38
- Fair Value
- LOCK|S^
- Uncertainty
- LOCK|P!m
- Economic Moat
- LOCK|dg&@$
- Capital Allocation
- LOCK|Q&^c>ss
- VACNVAT Group AG
VAT Group's Leading-Edge Technology Drives Structural Growth in a Cyclical Industry
- Rating
- Price
- CHF 615.00
- Fair Value
- LOCK|%N
- Uncertainty
- LOCK|>%M
- Economic Moat
- LOCK|lm
- Capital Allocation
- LOCK|l^NFMW
- BOQBank of Queensland Ltd
Bank of Queensland Needs to Keep Cost Growth Down to Maintain Profit Recovery
- Rating
- Price
- A$6.87
- Fair Value
- V.<
- Uncertainty
- LOCK|K@G!
- Economic Moat
- LOCK|Mk
- Capital Allocation
- LOCK|^<CQhM
- NWLNetwealth Group Ltd
Netwealth Shares Are Fairly Valued
- Rating
- Price
- A$15.42
- Fair Value
- LOCK|.$b
- Uncertainty
- LOCK|BV
- Economic Moat
- LOCK|&cQ
- Capital Allocation
- LOCK|@g#Rc%
- ARBARB Corp Ltd
ARB Enjoys Pricing Power in Australia
- Rating
- Price
- A$16.56
- Fair Value
- P!
- Uncertainty
- LOCK|#dF
- Economic Moat
- LOCK|g&wg
- Capital Allocation
- LOCK|HHTxDY%
- RIPernod Ricard SA
Pernod Ricard Should Be Able to Defend Its Margins Against Headwinds
- Rating
- Price
- €66.72
- Fair Value
- $^%
- Uncertainty
- LOCK|&ysR
- Economic Moat
- LOCK|?l
- Capital Allocation
- LOCK|?LWPFg%
- INGING Groep NV ADR
ING Is a Leader in the Oligopolistic Dutch Banking Sector
- Rating
- Price
- $33.46
- Fair Value
- yD$
- Uncertainty
- LOCK|&%>
- Economic Moat
- LOCK|y%K%
- Capital Allocation
- LOCK|&hd^CM
The Warren Buffett Advice That Fidelity’s Will Danoff Didn’t Take
3 of the Best Growth Stocks to Own
5 Stocks to Sell for Tax-Loss Harvesting
The Smartest Moves for Bond Investors Today, and What to Do When You Have Too Many Investments
The Surprising Advantage of Private Investments: You Can’t Panic-Sell
United States