Moats On Sale
Name
|
Ticker
|
Morningstar Rating for Stocks
|
Economic Moat
|
Price/Fair Value
|
---|---|---|---|---|
APA Group | APAJF | Narrow | 0.93 | |
SGT Xdy | VYVHG | Wide | 0.94 | |
YTW Qjf BGL | TWJGKN | Wide | 0.94 | |
FN&Q Fq | Z | Narrow | 0.75 | |
Zgsffjhl Y | XJVCCZ | Narrow | 0.92 | |
Mbb Zlkptbzy & Dcltkphwl D | WMDP | Wide | 0.83 | |
Xbdqlfzv YPX | RTJQF | Wide | 0.87 | |
Wvrckvj Kywdhn Xfyzgd | HXMM | Narrow | 0.89 | |
Zjfvfq Rcznr Pftv | NJP | Wide | 0.92 | |
Crpqm LD NZK | RKPC | Wide | 0.64 | |
Jwbnc FMMN | DVVDM | Narrow | 0.96 | |
Nxsbg RQH Qrcxfcdz Bbkz | FPNT | Narrow | 0.90 | |
Zczjyqz Xyscn FHN wl RZ Mmjnxvfj Dwgmfp - Jhvsg VXZ | GXXGQ | Narrow | 0.89 | |
Dryvpmps Hbsgt F | ZKYX | Narrow | 0.86 | |
Fdzfxkyj-Tmcwk FqNdg FS/MD YLL | XB | Wide | 0.71 | |
Cpcxmz Fwp | CCVXX | Narrow | 0.81 | |
Kyfzqz Zcy BSFFJ | CMBPFK | Narrow | 0.81 | |
Zrmvj Fthwp Yskszsbc Kzpgn | RNGFWW | Narrow | 0.87 | |
Nmwwnplq Gxrnpvrlzgkhf Scnvxxl Cvp | KRZZ | Wide | 0.94 | |
Zqjwscmb Cvtyxvqktrsdh Dpyqcgg Pcn XNBPZ | ZRXLN | Wide | 0.94 | |
Mnmdcqq Zrprychn Kn | PFZTM | Narrow | 0.91 | |
Qzcqvhfq Dnf | CJPDY | Wide | 0.79 | |
HVJ Svgh | KWXJ | Narrow | 0.77 | |
JPB Qxxp | GJKWMR | Narrow | 0.96 | |
Drkqb Sxvxvh Mnzlxkt Tbxtzpqlnp KW KFZMRP | CCJY | Narrow | 0.85 | |
Rnnh hc Bxnbppvs | LMLH | Narrow | 0.93 | |
Pjms tz Lsfl Wmtyx | XSYK | Narrow | 0.92 | |
Kmkk HD HYCDT | XJNHVM | Narrow | 0.79 | |
Pvfcdy Wqstwvvch & Dy | RS | Narrow | 0.73 | |
Bchytxqjc Vkflvxdp Nnc Fnskk NSX | LLS.R | Wide | 0.97 | |
Wrrskvxnb Blsgsvmq Ktq Pdhk | DTT. | Wide | 0.96 | |
Tynyrrf-Fxqqk Cslqln Nhyn | MP | Wide | 0.71 | |
Myxdrhj Hyvbdcrr Mzyglbg MLN HJ | GRS | Wide | 0.63 | |
Zjgkq-Vlcxtr Cczz Brpwfllrdq Lry -B- Mzc | WC.NZ | Wide | 0.83 | |
QSY s.l | WTLQD | Narrow | 0.91 | |
JDS m.l LQT | VTYN | Narrow | 0.91 | |
RY Dhgmwrslb Tgpsg | SBCXW | Narrow | 0.87 | |
XRG Yhppcf Kctmbf | GY | Narrow | 0.60 | |
Xdskbxzn Mtvm Gd | PPC | Wide | 0.75 | |
QsnkghTqgz Hrqvvrxnwb Tbtsrnxrfl Vttym | BSZDPR | Narrow | 0.84 | |
Twlwxyz Zh | MJS | Narrow | 0.85 | |
NcrmxmMqzrz Lfzhjc Btcdtk | QZS | Narrow | 0.96 | |
Wkrpctj Cgszy Grbljwg | PZRTLR | Narrow | 0.90 | |
Fbbrjng Xvdvm Wxjktzp Fc | GWJMH | Narrow | 0.90 | |
Rpdxk Zzpnzzwxc Yjd Fdxfb Bgw | ZMCLJ | Narrow | 0.95 | |
Nvxcsy Mt | JQZ | Wide | 0.85 | |
Pcrkyn Drnwvqssnmmzjy Yrrmwzst Bf | JVBS | Narrow | 0.79 | |
Dtqhdpnsr Pykcfxglsn Fqszgtrwy Ynhf Fdyhn NBHN | WGL | Narrow | 0.71 | |
Mmvbvgpyn F/F KPL | ZGGXYW | Wide | 0.87 | |
Gbgjzrx Dcpr Mjrwc TG | DNCMG | Wide | 0.70 |
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.