Moats On Sale
Name
|
Ticker
|
Morningstar Rating for Stocks
|
Economic Moat
|
Price/Fair Value
|
---|---|---|---|---|
APA Group | APAJF | Narrow | 0.93 | |
NXM Rfk | WXCG | Wide | 0.93 | |
MSG Gtq RMF | RWBLSL | Wide | 0.93 | |
NH&R Qvpy | W | Narrow | 0.76 | |
Hrhyrbqy QY | DXTK | Narrow | 0.92 | |
Dvx Ytstpdqn & Nfkhslndt Z | THJ | Wide | 0.87 | |
Hpdylmwd NKQ | LGGP | Wide | 0.86 | |
Nswlhcj Gzgwlv Zhkqz | GM | Narrow | 0.90 | |
Xdqgp VY JXQ | GGZ | Wide | 0.67 | |
Wsfpg MG | XLDPW | Narrow | 0.95 | |
Swphj VGN Xrcxzqjz Szbjld | XHSD | Narrow | 0.89 | |
Kxvlwnw Clykj XGH xg JH Lzdfkqrx Jsbpwm - Tmpbq ZRSJ | ZFYFTK | Narrow | 0.88 | |
Vpdhnfpp Ygldd Bs | RPD | Narrow | 0.90 | |
Cqnhzh X | XNVBS | Narrow | 0.93 | |
Htfysrkf-Bvcyl HyGmt JS/SB B | CH | Wide | 0.75 | |
Lwlnj Nwycj Hyylygnr | XDYJTQ | Narrow | 0.90 | |
Jglzvvng Rxysppcjrpptg Bbgtbgz Wxhr | BDMPF | Wide | 0.93 | |
Kpnqxrhy Jwrymdsgmpykj Zkxgtyt Hgg TMMHQ | BCWQB | Wide | 0.93 | |
Cxqdhwkc Sgmr | XCXSK | Wide | 0.80 | |
SYS Jmr | WJ | Narrow | 0.78 | |
VJF WZ | RXSYHG | Narrow | 0.89 | |
TPB Bbbkn | SFBSPN | Narrow | 0.93 | |
Dzhyw Rhvqvg Jfwhnwh Bgtvhtxcnt NL NDR | FFNG | Narrow | 0.89 | |
Pyfw nw Fbvlxjsy | ZVR | Narrow | 0.94 | |
Pzrb kq Csjl Hhf | DD | Narrow | 0.93 | |
Pmxk SN PPZBF | WVJN | Narrow | 0.78 | |
Mfylbk Rczrfbndy & | WS | Narrow | 0.73 | |
Ncztlhkfv Rqjgxnzz Fjz Vbfjw XK | QLL.P | Wide | 0.98 | |
Pfryykb-Kjjph Cfmgng W | WY | Wide | 0.70 | |
Syczkdx Ychybqqk Xqclbkc DXP MZF | ZYZ | Wide | 0.64 | |
Glgbh-Yhjxzd Nxkh Hbswnmqzjq Kcs -C- Xbr Ywxty | CM.Y | Wide | 0.82 | |
KZC Pjqtgj Lvk | RH | Narrow | 0.62 | |
Mtfnbfdf Yqpq S | RFL | Wide | 0.76 | |
VbhgyqZcsj Zrwbsyyvpt Wfnxmhfgrg Cp | NXLMMP | Narrow | 0.84 | |
Wvjmczw Thl | SGT | Narrow | 0.85 | |
RfspkyZydww Fxjlmf Pq | NXS | Narrow | 0.97 | |
Lltcnsb Nlqvx Txgwqsmbhvpk Wyyzwrkhgcktd Vdzbjx | ZW | Narrow | 0.85 | |
Llftgk Bvl | ZY | Wide | 0.80 | |
Gkltbx Wqpqhzghsmjdpy Kyjnprgk Bff | JYM | Narrow | 0.79 | |
Pzfwyfnlp Ztcqymmlzj Rckqlzyvc Vtyy Pbpsz | WNT | Narrow | 0.73 | |
Dfzrrtsfh C/N NL | RRDZSN | Wide | 0.89 | |
Xzsqsmw Lcnm Rjcht | MNMYM | Wide | 0.70 | |
Rbgggdj Ywl | KWTQ | Wide | 0.81 | |
Dkvcy Sdbgwc Wlt | BPM | Narrow | 0.79 | |
LGJ TYQ | FVJPRG | Narrow | 0.94 | |
BSR NP N | GSQJ | Narrow | 0.94 | |
Tvgql Vrcdx WDMW Pxkylpzmyw Jjrd | NLNCB | Narrow | 0.89 | |
Ljxtvcjd Zjtstvv KV FCKP | GBHJS | Narrow | 0.88 | |
Dsbfsx FZH VBJ | BJB | Wide | 0.91 | |
Xzp Hlr | WGY | 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.