As the Iran war continues to impact market stability, top fund managers are seizing investment opportunities, according to Morningstar's latest analysis. The firm identified the ten most-bought stocks among fund managers over the past three months, highlighting Western Digital as the frontrunner with a remarkable +203% year-to-date performance. Other notable mentions include Taiwan Semiconductor, which is expected to benefit from increased demand for integrated systems and AI, with shares estimated to be 5% undervalued. GE Aerospace is also positioned for growth, anticipating a near doubling of the global aircraft fleet by 2042. Conversely, Micron Technology, despite a +232% performance, is rated poorly due to its lack of competitive edge and is considered 65% overvalued. Netflix faces challenges in maintaining subscriber interest, rated 11% overvalued, while Marsh McLennan is seen as a stable investment in the insurance market, currently 17% undervalued. Overall, these insights reflect strategic stock picks amidst ongoing market volatility.