Morningstar, Inc. - October 23, 2025
How Vanguard Stacks Up Against Its Fund Industry Peers
Plus: Going Into Earnings, Is Microsoft Stock a Buy and The Top...
Morning DigestOctober 23, 2025 Alyssa Stankiewicz, Bridget Hughes, Maciej Kowara Where the low-cost powerhouse ranks versus other top asset managers by size, ratings, and manager ownership. Editor's Picks Enduring enthusiasm for AI has made factor rotations hard to sustain. Dan Lefkovitz We expect these highly rated exchange-traded funds with big yields to outperform over the long term. Susan Dziubinski Star managers are making the move to ETFs. Bryan Armour Investing Insights Offerings from Harbor and Hotchkis and Wiley stand out. Gabe Alpert Baxter International, CNH, Dow, LyondellBasell, and Charter Communications are trading at least 46% below fair value. Liz Angeles With recent structural changes and strong Azure performance, here’s what we think of Microsoft stock. Dan Romanoff This cheap wide-moat stock is a rare buy in an overvalued sector. Sean Dunlop Top investors are holding onto these financial and healthcare names. Gabe Alpert Recent Earnings New Stock Analyst Reports On Oct. 21, DraftKings (DKNG) entered the predictive event industry with the acquisition of Railbird. Terms were not disclosed. We think predictive sports will expand the online sports betting market and take some share from traditional online sports platforms. DraftKings' entry into the industry should position it to participate in this expanding industry and help mitigate any share loss in its core business. Our existing forecast incorporates predictive market competition taking up to 1 percentage point of DraftKings' 23% share of the $27 billion (2025) US online sports and i-gaming market over the next few years. We see the acquisition as prudent, as it combats an emerging competitive threat and opens the company up to new growth markets. New Fund Analyst Reports MFS Mid Cap Value’s (MVCAX) capable managers and best-in-class approach earn Above Average People and High Process Pillar ratings. Investors in this strategy get plenty of experience on their side. The Tools You Need to Invest Like an Analyst |





