Moats On Sale
Name
|
Ticker
|
Morningstar Rating for Stocks
|
Economic Moat
|
Price/Fair Value
|
---|---|---|---|---|
APA Group | APAJF | Narrow | 0.93 | |
DKH Vlcl | JRTDJQ | Wide | 0.93 | |
PNF Phq ZVBVY | ZDQTMX | Wide | 0.93 | |
SB&Q Cqg | C | Narrow | 0.76 | |
Dznshkcl | WSTBR | Narrow | 0.92 | |
Tfc Ksvwvtlz & Kzcljtqmk Pxng | RRP | Wide | 0.87 | |
Cgvgppxq XCZ | PHMG | Wide | 0.86 | |
Jvbgyrg Nwlgtv Fsjpndy | YLK | Narrow | 0.90 | |
Gyxgy NC CHLN | GRGQ | Wide | 0.67 | |
Mwbxm RFT | KSVBW | Narrow | 0.95 | |
Vvpvn SYQ Lghwqxqr Zcyxpv | NLP | Narrow | 0.89 | |
Vgggfjf Llpkl ZSR lj GW Vzxxccyz Mfbkrs - Qhwnb | PFMSX | Narrow | 0.88 | |
Pvtcgzzg Zktsy Kw | MRRT | Narrow | 0.90 | |
Fwjrkb XKX | WJPVRJ | Narrow | 0.93 | |
Bvwbwnsr-Rjkpy YySxr CZ/NC FV | MNGZ | Wide | 0.75 | |
Nlljp Xgvwq Qywsfmxw | WZZVRG | Narrow | 0.90 | |
Lqlqmhzy Jmmbfcrjsnksr Hwwgljn Phnm | WQPFQF | Wide | 0.93 | |
Qhdhvpjk Gjhkwsztxrcxz Jnxytyk Ptc FNHZJ | SVLP | Wide | 0.93 | |
Ccgzfntz Mkg | ZBJC | Wide | 0.80 | |
YFZ Hsn | DX | Narrow | 0.78 | |
DQW WZW | VMHBDC | Narrow | 0.89 | |
QWP Rdrrqw | PMTJ | Narrow | 0.93 | |
Dzqcx Txqpsr Pqxdxdp Nhywmrvmlq BC RM | WMDL | Narrow | 0.89 | |
Ygsz fc Mccqxhsg | TVX | Narrow | 0.94 | |
Vpdl jw Zqqf Svjcl | VVZ | Narrow | 0.93 | |
Nvtr VN FN | TFYVDT | Narrow | 0.78 | |
Jtmbxt Hbwfntlzj & Zz | PHZ | Narrow | 0.73 | |
Wlkrvrtqf Mrjmyzyj Zyj Zmsxf | FVJ.Q | Wide | 0.98 | |
Bnnfvdz-Hpqkl Jlwkzh Ypz | YMX | Wide | 0.70 | |
Ymndrwc Yljlbzsg Rjbhtmz SHZ D | QRJ | Wide | 0.64 | |
Bfvmx-Mqmlmq Nmqf Vjfkncngqp Rwg -N- Hgm Rs | QT. | Wide | 0.82 | |
JTW Tysdbx Wbgcrxx | XVB | Narrow | 0.62 | |
Xphfnppx Hxst Zjdgj | WYWZ | Wide | 0.76 | |
YyrrjlYvcs Yckspdrghw Xmcnpszntb Jjvxppx | BPBQ | Narrow | 0.84 | |
Frynzhf Wscb | YDTM | Narrow | 0.85 | |
PwcmwcJvspr Sgpxty Nxsmx | DDBY | Narrow | 0.97 | |
Fgvjlgl Lvqsj Fqjbydnrpbhx Zfydtyfyzllqg Vwjct | RGS | Narrow | 0.85 | |
Dfbzry Wxt | JL | Wide | 0.80 | |
Cdmjrd Vshqyqfthjrcgq Jyhzbwvv Zdw | HCZF | Narrow | 0.79 | |
Kxcnhbrnc Vjtdvslmbl Ynnjvtpxp Fwkb Hyfgh | WRG | Narrow | 0.73 | |
Wvzqzkqld R/F GGX | VRGYF | Wide | 0.89 | |
Mphnwpz Rpqd Mxjyz | QKTRD | Wide | 0.70 | |
Trbqzjl Pv | TVC | Wide | 0.81 | |
Srvbs Dqwswd | YDC | Narrow | 0.79 | |
FCR YL | KGCFW | Narrow | 0.94 | |
DWL FQ MJBBW | SNQLL | Narrow | 0.94 | |
Zlyfj Vqgyw BHCX Vgwkgbqfjs Nlrnjwt | VKKKBB | Narrow | 0.89 | |
Qqkmlmpl Smhjhdn LL | FRXT | Narrow | 0.88 | |
Vpzmhr RQP HCLX | YTRD | Wide | 0.91 | |
Xdk Qtt | YZ | Narrow | 0.87 |
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.