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US Market Fair Value

Market valuation is derived from the median price/fair value of constituent companies, as evaluated by Morningstar analysts.

Most Undervalued Large Cap Stocks

Screen With Investor

Name	Evaluated Price	Fair Value / Uncertainty	Price/Fair Value	Morningstar Rating for Stocks
Tencent Music Entertainment Group ADR TME	$8.49	$24.00 High	0.35
Melco Resorts and Entertainment Ltd ADR MLCO	$3.75	$8.00 High	0.47
Alibaba Group Holding Ltd ADR BABA	$100.24	$207.00 High	0.48
LOCK\|FBhTT &G^CKDL# <&G %N%R>f RXPXJJ	$49.46	$99.00 High	0.50
LOCK\|@?M>fn !@^z FVWBY	$342.33	$650.00 High	0.53
LOCK\|#m&v? d%^ Yd<@ CWWT	$114.09	$200.00 High	0.57

Most Overvalued Large Cap Stocks

Screen With Investor

Name	Evaluated Price	Fair Value / Uncertainty	Price/Fair Value	Morningstar Rating for Stocks
Kinross Gold Corp KGC	$23.00	$9.30 High	2.47
Agnico Eagle Mines Ltd AEM	$180.71	$87.00 High	2.08
Freeport-McMoRan Inc FCX	$65.95	$32.00 High	2.06
LOCK\|TJ&^# dGS@v JCQK	$112.64	$70.00 High	1.61
LOCK\|vD bqW?dZ<>! z#& <s&j! @ (!<M s!x?Rp) RKQJJ	$62.28	$40.50 High	1.54
LOCK\|^Hdw# z#Mk YDG	$119.32	$81.00 Medium	1.47

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