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30 Newly Overvalued Stocks This Week

30 Newly Overvalued Stocks This Week

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Once a week, we screen the US-listed stocks under Morningstar’s coverage for newly overvalued names—those whose prices have just climbed into ranges warranting 1- or 2-star Morningstar Ratings. For the week ended Nov. 6, 30 stocks saw their ratings change to 2 stars, while eight joined the 32 US-listed names in 1-star territory.

The five new 2-star stocks with the largest market capitalization are:

  • Berkshire Hathaway BRK.A
  • Bank of New York Mellon BNY
  • Cintas CTAS
  • Royal Caribbean Cruises RCL
  • Illinois Tool Works ITW

The five new 1-star stocks with…

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