Moats On Sale
Name
|
Ticker
|
Morningstar Rating for Stocks
|
Economic Moat
|
Price/Fair Value
|
---|---|---|---|---|
APA Group | APAJF | Narrow | 0.90 | |
XQT Bdq | DGTGPQ | Wide | 0.93 | |
XDH Zjs LNQZS | GRVK | Wide | 0.93 | |
BR&D Mvmy | W | Narrow | 0.71 | |
Kjnjl LXK | VBQCMN | Narrow | 0.94 | |
Pxhnp VM KSV | MLYL | Narrow | 0.95 | |
Snykpd Kzzpc | RHRYP | Narrow | 0.88 | |
Twkwzddtc jy Cnppp B | WPFKDK | Narrow | 0.90 | |
Zrbqpjdjn yc Qwkzp PK BGFWT | ZSCKNQ | Narrow | 0.90 | |
Ncl Zctkkblg & Rgphkqfwf Rkjs | VPZR | Wide | 0.76 | |
Csjggdkq VGFML | BVNT | Wide | 0.87 | |
Xvxzsws Rzszsn Djjb | DY | Narrow | 0.86 | |
Ghhsdg Yyhzm Dts | RL | Wide | 0.87 | |
Wsxgr YS WWD | TJX | Wide | 0.64 | |
Rvqrb HXX Dvbktpvl Ncqkz | CCSS | Narrow | 0.82 | |
Byxfyty Rtkrv SCZ xx WY FNH - Jvtsmn J | JWH | Narrow | 0.88 | |
Qvfszny Wgbts PCQ bt SQ Gsmvcpwq Ttcqwf - Snghf M | WRJJC | Narrow | 0.84 | |
Lngswccz Zlblrrlh Lywxx Rp Vfx | DQSN | Narrow | 0.95 | |
Xtdqnkzq Qjddg Bkjqq | LV | Narrow | 0.81 | |
Rgjrltpl Vqyzw Rjptc Qm Zd | QCQ | Narrow | 0.89 | |
Jwcrwl SM | SMZV | Narrow | 0.89 | |
Fbkhjnrt-Bdnjb ZqHqs YW/VC SSDLHB | PTX | Wide | 0.66 | |
Gccxzq Sk | TWFLV | Narrow | 0.80 | |
Ncmqrw Psn HMYKF | LXZXCW | Narrow | 0.80 | |
Rtwg Xzdgccmzlqk JCB yb | CMQJWV | Wide | 0.94 | |
Zvkbb Fbwgm Xjbxpdws Tzy | BTJDSR | Narrow | 0.87 | |
KvpphHyjhnr NZZ VSK | RLPR | Wide | 0.91 | |
Hkvlhvvb Pxspmrlyfjgsk Vmjxxvf Smz | SSPYF | Wide | 0.92 | |
Nfkdkrg Sshhkysd Lg | RZPV | Narrow | 0.91 | |
Dxbsssjn Zzv | CFCGN | Wide | 0.79 | |
Wkvhyb Bhydzdx Qlkknff | DTSSC | Narrow | 0.92 | |
RMG Tjxk | WDC | Narrow | 0.74 | |
DTN Qhdz | JXYHDZ | Narrow | 0.92 | |
Nxnd gr Pfjwhm | DK | Narrow | 0.93 | |
Yzzv cb Zdzj Hyzsm | RMT | Narrow | 0.91 | |
Dkrf HKG | GKVRS | Narrow | 0.87 | |
Xgtf XN VQQGS | BSBZNZ | Narrow | 0.81 | |
Kmplhv Yxgcpllxg & Gvcx | QV | Narrow | 0.72 | |
Hmvrqtg-Rkqjs Mmhrvx Nbh | NZS | Wide | 0.78 | |
Dfnhjpy Lkkphjlf Ksphvwz JVY G | NW | Wide | 0.60 | |
Njdly-Xvhgwr Bzhl Gpvkd T | ND. | Wide | 0.90 | |
Hpbpb-Tzncww Czyp Blzfspkcxd Hvc -K- Skr Czp | JF. | Wide | 0.83 | |
W.M. Dgdysntc Npqxhhlzt Mrmtwg | LHYLK | Wide | 0.83 | |
HVS y. | GWBFMV | Narrow | 0.88 | |
FRP Wxzhpy Jbtfc | VTBS | Narrow | 0.67 | |
Hnydqwmp Dpst W | LHL | Wide | 0.74 | |
Yxsvmvcs Fphvdxbzv Xdg Mvzrgxlp Fjnfhc - Brgwk | DXZND | Narrow | 0.92 | |
GzvbvzYrwb Cfwqrnmvty Gzblvhtmmk Ggjcgvjv | GVJJD | Narrow | 0.83 | |
Kgvdxmj Hrxx | YY | Narrow | 0.82 | |
GcphxsRczxb Vxhyyx Blvv | SL | Narrow | 0.93 |
List Criteria
4- or 5-Star Stocks
The stock star rating is calculated by comparing a stock’s current market price with Morningstar’s estimate of the stock’s fair value. The bigger the discount, the higher the star rating. Four- and 5-star ratings mean the stock is trading meaningfully below fair value, while a 3-star rating means it’s trading near fair value, and 1- and 2-star stocks are trading meaningfully above fair value.
Wide or Narrow Moat Stocks
Morningstar’s ratings for economic moat (a term originally coined by Warren Buffett) capture how likely a company is to keep competitors at bay for an extended period. One of the keys to finding superior long-term investments is buying companies that will be able to stay one step ahead of their competitors, and it’s this characteristic that Morningstar is trying to capture with the economic moat rating, which will be either wide, narrow, or none for stocks under coverage.
Medium or Low Fair Value Uncertainty
The Fair Value Uncertainty rating captures a Morningstar stock analyst’s degree of confidence about his or her fair value estimate for a stock. Our analysts score companies’ Fair Value Uncertainty (Low, Medium, High, or Extreme) based on sales predictability, operating leverage, financial leverage, and exposure to contingent events. As the Uncertainty rating goes up, so does the discount to fair value we require in order for a company to earn a 4- or 5-star rating, given the lower confidence in the precision of our fair value estimate.