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Investing Insights

Should You Fund Your 401(k) First or Your IRA?

Investing Insights

Morningstar, Ivanna Hampton, Sarah Hansen

Bonds, Stocks, Analysis, Advice, Trading, Funds, News, Investment, Morningstar, Entrepreneurship, Mutual, Ideas, Etfs, Finance, Investing, Business, Economic, Independent, Christine Benz

4.2539 Ratings

🗓️ 24 February 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

Also, why we raised Cisco stock’s fair value estimate but not for Kraft Heinz or Roku.

Transcript

Click on a timestamp to play from that location

0:00.0

Please stay tuned for important disclosure information at the conclusion of this episode.

0:06.3

Vanguard's hybrid ETF mutual fund patent is expiring this year.

0:10.8

How will this affect the fund market?

0:13.4

Which retirement account should you fund first, your IRA or your 401k?

0:18.6

And inflation can't catch up with Kraft Heinz sales for the fourth quarter.

0:23.1

This is Investing Insights.

0:29.4

Welcome to Investing Insights.

0:31.3

I'm your host, Ruth Saldana.

0:33.5

Let's get started with a look at your Morningstar headlines.

0:37.2

Connie Buns aside, Kraft Heinz's fourth quarter earnings report highlights why investors should

0:42.4

add it to their shopping list. The company shook off inflationary pressure and supply chain

0:48.0

disruptions to post strong organic sales growth of more than 10%. CEO Miguel Patricio stayed laser focused on cost-cutting and investing in the Food and

0:58.7

Beverage Giants brands, and as a result, sales sits 6% above 2019's fourth quarter.

1:06.5

The company's category management and e-commerce efforts also were successful, and Kraft Heinz found $450 million in savings in fiscal 2022.

1:16.6

It says it will reinvest in the company.

1:19.6

Morningstar is sticking with its $52 estimate of what we think the stock is worth

1:24.6

and views the shares as being undervalued.

1:27.8

Roku ended a challenging 2022 on a positive note. It reported higher fourth quarter revenue than expected.

1:36.0

A rush of new active accounts helped the streaming device company bring in $867 million in revenue.

1:43.5

The quarter was one of the companies strongest since the fourth quarter of 2020, which got a boost from the pandemic.

1:51.3

Management expects the first quarter revenue to dip a bit versus the first quarter of 2022,

1:57.0

and predicts positive adjusted cash flow before paying interest and taxes in 2024.

...

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