5 Stocks to Buy to Upgrade Your Portfolio for 2026

The Morning Filter

Morningstar, Susan Dziubinski - Investment Specialist, Dave Sekera - Chief U.S. Markets Strategist

Stock Market, Morningstar, Stock Picks, Stocks, Business News, Investing, Etfs, News, Business, Funds

4.7 • 48 Ratings

🗓️ 8 December 2025

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

Plus, whether stocks look overvalued as the year winds down.

Transcript

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0:00.0	Please stay tuned for important disclosure information at the conclusion of this episode.
0:25.6	Hello and welcome to the Morning Filter podcast. I'm Susan Jibinsky with Morning Star.
0:28.6	Every Monday before market open, Morning Star Chief U.S. market strategist Dave Sikara, and I sit down to talk about what investors should have on their radars for the week,
0:37.8	some new morning star research, and a few stock ideas.
0:41.1	Well, it's been a couple of weeks since Dave and I have talked, and we have a lot of catching
0:44.2	up to do today.
0:45.4	We'll cover the latest odds on whether the Federal Reserve will cut interest rates, and
0:50.5	what to watch for in Costco's and Adobe's earnings reports this week.
0:54.5	We'll also unpack Dave's updated stock market outlook and his stock picks based on current market conditions.
1:02.0	All right, well, good morning, Dave.
1:03.1	Let's start with this week's Fed meeting.
1:05.3	Is the market expecting a rate cut or not?
1:08.0	And why?
1:09.0	Hey, good morning, Susan.
1:15.6	Yeah, it's really been a bit of a roller coaster ride over the past, you know, month or so. I mean, really since the last Fed's meeting, but yes, at this point the market is pricing in a cut here at the meeting this week.
1:23.6	And in fact, it's not my own language, but someone else, I think think called it, you know, the cut that saved Christmas this year.
1:29.0	So taking a quick look at the CME Fedwatch tool, that's showing the market implied probability of a cut to three and a half to three and three quarter percent. Right now is 88 percent. And that's after being a much lower probability, you know, just one month ago. But I think the real question right now is, what are they going to do in January?
1:46.0	You know, is it one and. But I think the real question right now is what are they going to do in
1:45.2	January? You know, is it one and done or are there more yet to come? Taking a look, the January
1:50.3	probability for a cut is only 25%. And in fact, if we look at the March probabilities for a cut to
1:56.8	the federal reserve rate to three and a quarter and three and a half percent.
2:01.1	That's only 45 percent.
	...

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