Navigating Medicare Open Enrollment for 2024
Investing Insights
Morningstar, Ivanna Hampton, Sarah Hansen
4.2 • 539 Ratings
🗓️ 20 October 2023
⏱️ 21 minutes
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Summary
Transcript
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| 0:00.0 | Please stay tuned for important disclosure information at the conclusion of this episode. |
| 0:05.7 | Here's what's ahead on this week's investing insights. |
| 0:08.3 | City Group's third quarter results surpass Morning Stars expectations. |
| 0:12.5 | What Morning Stars analysts wants investors to keep in mind about the stock. |
| 0:16.5 | Plus, actively managed funds, netted a rare reversal, what you can do to improve your odds of picking |
| 0:22.2 | a winning active fund, and Social Security and Medicare have released their 2024 numbers. |
| 0:28.0 | Retirement reboot author Mark Miller will share a warning about choosing Medicare plans. |
| 0:33.0 | This is Investing Insights. |
| 0:38.9 | Welcome to Investing Insights. I'm your host, Ivana Hampton. Let's get started to look at the |
| 0:44.1 | Morning Star headlines. City Group's third quarter earnings beat, Morning Stars and Wall |
| 0:48.9 | Street's estimates. The big bank reported earnings of $1.63 per share, fees and net interest income, or what a bank |
| 0:56.8 | earns on loans, also topped expectations. City Group still isn't making any changes to his |
| 1:03.4 | full-year outlook. The bank seems likely to surpass his full-year revenue forecast of $78 to $79 billion. Its expenses have remained on track. |
| 1:14.8 | Citigroup is outperforming when it comes to revenue growth. While the bank's revenue plan is |
| 1:20.0 | working so far, City will need to prove itself again next year. Morningstar predicts the upcoming |
| 1:26.2 | 2024 expense outlook will be the next key update. |
| 1:30.5 | Its analysts think Citigroup's stock is worth $68 and undervalued. However, investors should |
| 1:36.5 | keep in mind the bank is still working on its turnaround. Strong travel demand lifted Delta |
| 1:43.9 | Airlines' third quarter earnings. The domestic airline brought in |
| 1:47.6 | nearly $2 billion in operating profit and paid down hundreds of millions of dollars in debt. |
| 1:53.4 | However, this past summer spike in jet fuel prices hurt profitability a bit. Less volatile costs like |
| 1:59.8 | labor and maintenance have risen for Delta and |
... |
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