Seth Goldstein

Equity research in electric and autonomous vehicles, semiconductors, lithium, chemicals, and agriculture • Opinions are my own • Views not those of employer

[Cheddar @cheddar]

.@SethGMStar1 Equity Strategist at @MorningstarInc, breaks down @Tesla's earnings report, talks Musk's future with the company and how #stocks have responded.

[Dave Sekera, Morningstar Chief Market Strategist @MstarMarkets]

Just published – 2Q 2025 US #Stock Market Outlook
From Overheated to Opportunity: Positioning for What’s Ahead

•Valuation post AI bear market
•Why we still favor Value even after beating Growth
•Small-caps attractive, but might not work for a while

https://t.co/HRHEPQRxUr

[Preston Caldwell @pd_caldwell]

FOMC now projects core PCE inflation at 2.8% y/y in Q4 2024. By my estimates, that implies about a 2.5% annualized rate in the final six months of 2024. So virtually no progress compared to the 2.5-2.6% y/y rate for core PCE likely for May. This looks too pessimistic.

[Dave Sekera, Morningstar Chief Market Strategist @MstarMarkets]

$TSLA up >12% before market open after #earnings - and we still think its undervalued.

Interested to learn why we increased our fair value estimate on this 4-star rated #stock?

Here are our 4 key takeaways on #Tesla:
https://t.co/Y0CrATFdZf

[Joe Lowry @globallithium]

Episode 181 of the @globallithium podcast is online. My guest is @MorningstarInc’s #SethGoldstein @SethGMStar1 https://t.co/hchvCeFZaJ

[Joe Lowry @globallithium]

Recorded today, online over the weekend. Episode 181 with @MorningstarInc Seth Goldstein @SethGMStar1 $ALB $LAC $LAAC $SQM $ALTM $TSLA @BYDCompany

[Dave Sekera, Morningstar Chief Market Strategist @MstarMarkets]

$LAC surges following commitment from US DoE for >$2B loan to fund capex for Thacker Pass #lithium project. We still think this 5-star rated #stock is undervalued.

https://t.co/DIr6fTSOz3

[Dave Sekera, Morningstar Chief Market Strategist @MstarMarkets]

$TSLA #stock sliding after #earnings

Strategic shift to develop & ramp-up new affordable vehicles, while focusing on cost cuts for existing.

Updated #Tesla forecast to lower near-term growth & auto margins = reduced fair value by 5% to $200.

Details: https://t.co/XMAMLP8i41

[Seth Goldstein @SethGMStar1]

@lhamtil @TakedownTed I haven't read anything published by an objective third party, most of what I read on the family history comes from either the company or the family. Please pass along if you find something.

[Morningstar, Inc. @MorningstarInc]

Charlie Munger, who worked alongside Warren Buffett at Berkshire Hathaway for decades, died today at age 99, a little more than a month shy of his 100th birthday.

Look back on how this duo has influenced Morningstar and investors everywhere. https://t.co/ZaDDfZosv4

[Dave Sekera, Morningstar Chief Market Strategist @MstarMarkets]

#Lithium #stocks hammered after sell-side downgrade

Our analyst team takes a different view. We forecast price rebound as strong demand from #EV & energy storage systems outpaces supply.

Additional details from @SethGMStar1 $ALB $LAC $LAAC $LTHM $SQM

https://t.co/tlxSCdBrq3

[Dave Sekera, Morningstar Chief Market Strategist @MstarMarkets]

$LAC - Initiating coverage of Lithium Americas @ $20 (CAD 27) fair value estimate

2 main drivers:
1: forecast #lithium prices to rebound in 2024 as demand growth outpaces supply
2: we think market undervaluing volume potential for Thacker Pass project
https://t.co/ypymFhi32r

[Dave Sekera, Morningstar Chief Market Strategist @MstarMarkets]

By 2030, we forecast #EV will account for 40% of global auto sales— over 5x # of EVs sold in 2022

Here we highlight our top #investing picks across the EV supply chain.

$BWA $ST $ALB $CHPT $CE $EIX
https://t.co/dHbFiAqihr

[Preston Caldwell @pd_caldwell]

My comment's on today's Fed meeting. I do think today is the last hike, and that steep cuts are coming in 2024.

https://t.co/6nx6fOcpxE

[Dave Sekera, Morningstar Chief Market Strategist @MstarMarkets]

From undervalued at beginning of year to now overvalued, $TSLA sinking following earnings.

We maintained our $215 fair value estimate. At current prices, we view #Tesla #stock as overvalued, trading in 2-star territory.

Details here: https://t.co/Nng9GeOmSF

[Preston Caldwell @pd_caldwell]

My comments on today's inflation report (linked). One thing I didn't mention is that while the Fed is still likely to hike in 2 weeks, it really shouldn't. There's plenty of reason to think that inflation can return to normal without a recession at all.

https://t.co/IJAbPQUOhn

[Howard Klein @LithiumIonBull]

MARK YOUR CALENDAR
#RKEquity's next #TwitterSpaces w/ @RodneyHooper13

*This Sunday May 28, 8AM EST*

Special Guest: Seth Goldstein @SethGMStar1 @MorningstarInc

#Lithium 🐂
👇

[Dave Sekera, Morningstar Chief Market Strategist @MstarMarkets]

#Lithium #stocks have dropped this year as falling spot prices leave investors worried.

We see strong demand growth ahead following temporary lull in demand from expiration of China’s EV subsidies providing attractive opportunities
$ALB $LAC $LTHM $SQM https://t.co/nHAvACIFOa

[Dave Sekera, Morningstar Chief Market Strategist @MstarMarkets]

$ALB and $SQM regaining some of their losses from last Friday. Link below to our view on these #stocks from potential nationalization of the Chilean #lithium industry.

[Dave Sekera, Morningstar Chief Market Strategist @MstarMarkets]

$SQM & $ALB both down hard today following Chilean President Gabriel Boric’s proposal to nationalize the Chilean #lithium industry.

Morningstar’s @SethGMStar1 lays out his views on impact to their #stock valuations
https://t.co/Nbm7B9eAWJ