{"id":21836,"date":"2024-05-10T22:06:19","date_gmt":"2024-05-10T22:06:19","guid":{"rendered":"https:\/\/www.thinkadvisor.com\/2024\/05\/10\/10-growth-stocks-to-buy-for-the-long-term-morningstar\/"},"modified":"2024-05-10T22:06:19","modified_gmt":"2024-05-10T22:06:19","slug":"10-growth-stocks-to-buy-for-the-long-term-morningstar","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2024\/05\/10\/10-growth-stocks-to-buy-for-the-long-term-morningstar\/","title":{"rendered":"10 Growth Stocks to Buy for the Long Term: Morningstar"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/feeds.feedblitz.com\/-\/896317127\/0\/thinkadvisor\/\"><img decoding=\"async\" src=\"https:\/\/images.thinkadvisor.com\/contrib\/content\/uploads\/sites\/415\/2024\/02\/11_Coins_Stocks_Graphs_Portfolio_Adobe_640x640.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<p><button id=\"start-slideshow-top\" data-toggle=\"modal\" data-target=\"#slideshowModal\" class=\"start-slideshow carousel-control slideshow-btn portfolio \">Start Slideshow <img decoding=\"async\" src=\"https:\/\/www.thinkadvisor.com\/assets\/master-template\/images\/market-images\/tasr\/rightarrow.svg\" class=\"prevbtn-img\"><\/button> <\/p>\n<p id=\"first-para\"><span>In 2023, the Morningstar <\/span><a href=\"https:\/\/www.morningstar.com\/indexes\/spi\/mgrot\/quote\"><span>US Growth Index<\/span><\/a><span> outpaced the Morningstar <\/span><a href=\"https:\/\/www.morningstar.com\/indexes\/ixus\/mmvalt\/quote\"><span>US Value Index<\/span><\/a><span> by some 26 percentage points, <\/span><a href=\"https:\/\/www.morningstar.com\/people\/margaret-giles\"><span>Margaret Giles<\/span><\/a><span>, the firm\u2019s content development editor, noted in a blog post this week. However, from the end of March through May 7, the growth index has declined by nearly 6%..<\/span><\/p>\n<p><span>\u201cBetween this pullback and a few modest increases in our fair values, stocks within the growth category are now trading near fair value,\u201d Giles\u2019 colleague <\/span><a href=\"https:\/\/www.morningstar.com\/people\/david-sekera\"><span>Dave Sekera<\/span><\/a><span> observed. \u201cHowever, within the growth category, stocks trading at much of a discount to fair value have become increasingly harder to find.\u201d&nbsp;<\/span><\/p>\n<p><span>Sekera said that with the rate of economic growth poised to slow over the next several quarters, Morningstar prefers to invest in higher-quality companies with <\/span><a href=\"https:\/\/www.morningstar.com\/stocks\/morningstar-economic-moat-rating-3\"><span>wide economic moats<\/span><\/a><span> that share these qualities:<\/span><\/p>\n<p><span>See the accompanying gallery for the 10 most reasonably priced growth stocks from Morningstar\u2019s best companies to own list. Year-to-date performance is as of May 9.<\/span><\/p>\n<p> <button data-toggle=\"modal\" data-target=\"#slideshowModal\" class=\"start-slideshow carousel-control slideshow-btn portfolio\">Start Slideshow <img decoding=\"async\" src=\"https:\/\/www.thinkadvisor.com\/assets\/master-template\/images\/market-images\/tasr\/rightarrow.svg\" class=\"prevbtn-img\"><\/button><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Start Slideshow In 2023, the Morningstar US Growth Index outpaced the Morningstar US Value Index by some 26 percentage points, Margaret Giles, the firm\u2019s content development editor, noted in a blog post this week.&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/21836"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=21836"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/21836\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=21836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=21836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=21836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}