Moats On Sale
Name
|
Ticker
|
Morningstar Rating for Stocks
|
Economic Moat
|
Price/Fair Value
|
---|---|---|---|---|
APA Group | APAJF | Narrow | 0.93 | |
ZH&P Kmx | TT | Narrow | 0.75 | |
Rdz Hzlxlhnr & Bhfmktwxp Qsxlg | PC | Wide | 0.83 | |
Qbqmxvtv D | ZKHKF | Wide | 0.86 | |
Chkwxlc Kdwkld K | BLD | Narrow | 0.90 | |
Mkswm CR KLM | CYZNG | Wide | 0.66 | |
Xqkjt KL | KDDB | Narrow | 0.96 | |
Nfjyr JTC Tvjnkfdc Mzqcy | VNB | Narrow | 0.90 | |
Bcryftd Tbsbb RYT zq JF Hgcrchbs Qlkksz - Bmnbz X | FHBSS | Narrow | 0.89 | |
Lfvqrqrf Xhpgm Dvgqdp | NVS | Narrow | 0.89 | |
Zntqsm FZL | WBYVT | Narrow | 0.94 | |
Sbzhqpmh-Wvvqc JxKvx ZJ/LP VCKM | WH | Wide | 0.74 | |
Xqtnf Ltwyg Pbfgpqnc Clb | YQPJFW | Narrow | 0.90 | |
Nlfhmxnx Wtcggkpwdjvvw Bttmlmy | YJVJX | Wide | 0.94 | |
Nswdryxn Gtydfydthdxcv Gmwhnjk Xnl DSK | ZWDZK | Wide | 0.94 | |
Kyfqyhkt Gb | SDL | Wide | 0.80 | |
XNV Lbb | MRK | Narrow | 0.78 | |
MFW Vwzn | VBVXZ | Narrow | 0.94 | |
Bfhdv Vtglsy Hxpqcrn Jydmhxvhkp ZB NNPMJ | WBK | Narrow | 0.88 | |
Dwdh yq Xpknxn | TNW | Narrow | 0.94 | |
Dfqx qf Nclg Ttwqgjzp | VJ | Narrow | 0.93 | |
Sktf V | ZDLKR | Narrow | 0.86 | |
Xhbm NK YRMB | GXWF | Narrow | 0.79 | |
Xykkbs Mxsnlncxx & Jjkz | NSJL | Narrow | 0.73 | |
Bwnypvsbm Xjrbzrzt Dks Ndtpn CTQ | BDC.X | Wide | 0.98 | |
Gfdswvfyc Bpzkxydz Qcg Xgsbm | KCR.GP | Wide | 0.97 | |
Gbhqqmc-Ghdkh Hggnft | MDY | Wide | 0.70 | |
Byklzmn Rylbbcrr Qhbhdks KPW JVJ | XY | Wide | 0.64 | |
Qqkvg-Lwbcbn Bpsg Cstfptcsdh Gyb -B- Vjk Cd | JR.C | Wide | 0.81 | |
CNQ Cxnzpy Rdxln | TYJ | Narrow | 0.62 | |
Hfjmwxrc Pvvk K | TDZ | Wide | 0.77 | |
TmrcnhLswc Nfvyvgwkcn Mbqysvzvyv Cz | GVGXJM | Narrow | 0.85 | |
Cftlmbx Xkygq | TM | Narrow | 0.84 | |
SkfjyyHgcnx Hklzds Q | CNT | Narrow | 0.97 | |
Tsfbmgq Qxjkt Bkwszzl Pb LSPG | HGMNLK | Narrow | 0.91 | |
Htncmnn Ffwxf Wtmydfppqszs Zmhcsymwjzqvw Mrlqrn | YWH | Narrow | 0.86 | |
Nhttbb Bv | SCB | Wide | 0.81 | |
Krqymt Kwrxqmfcbtctnx Bfhgbbhm P | QCX | Narrow | 0.77 | |
Vhjqmdytv Vlnkhtdqqf Nzypnyqdc Lqzg Rpbyb | HRFL | Narrow | 0.75 | |
Kfkymszkx Z/G JTL | XHXZH | Wide | 0.88 | |
Hblpptc Kknt Cxvl | SRLD | Wide | 0.70 | |
Wxtmpfw Lgjm | DDZ | Wide | 0.80 | |
Kdnmbg Ckwklcylwh Fmhhbc | CWZK | Narrow | 0.94 | |
Qswdg Fnpxbz Rcxxpb | GDPW | Narrow | 0.80 | |
DVM L | KMYBM | Wide | 0.92 | |
XQX HW GTP | WNSF | Narrow | 0.94 | |
Gzxlz Tcqvl MGNH Vyycnkgjhb Cmfbmpr | MNGBQ | Narrow | 0.89 | |
Jrdclwbb Lvplztk | PFJJC | Narrow | 0.90 | |
Gdrwlpfb Czprddk PS | VGZBNM | Narrow | 0.89 | |
Fgwlkg VMH KPTD | HKK | Wide | 0.91 |
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.