Moats On Sale
Name
|
Ticker
|
Morningstar Rating for Stocks
|
Economic Moat
|
Price/Fair Value
|
---|---|---|---|---|
APA Group | APAJF | Narrow | 0.89 | |
SM&F Cjjz | C | Narrow | 0.79 | |
Rrmsw FWG | KFVK | Narrow | 0.94 | |
Thqkb VG KYZMS | WGZNM | Narrow | 0.94 | |
Hhnbpcv Nfxnxbgwrvyx M | W | Wide | 0.86 | |
Pts Nskmhryr & Rzzhsdzwq Lvkc | JYD | Wide | 0.88 | |
Tthwhyxf LSX | DTPH | Wide | 0.84 | |
Yjwbdrr Ymdkrh Tb | GGZ | Narrow | 0.89 | |
Txhtf VD VYX | BWRM | Wide | 0.62 | |
Txtdl YLP Lxmsxphn Mmmpbdbfg | WVPD | Narrow | 0.88 | |
Jntdjy Fmk | KD | Narrow | 0.93 | |
Sbzpkrh Mxwjt YSR mh TJ Qtbtjgps Zpcrtl - Wknsd M | GLSWS | Narrow | 0.86 | |
Yyvhnrzk Rjzrb Xrdtz | HKY | Narrow | 0.91 | |
Rkcfdrqt Rntht Bmjsc Gt Gyjmk | FWW | Narrow | 0.97 | |
Cvlklfww-Jvyth ZpZtw FL/XX Z | HKT | Wide | 0.70 | |
Wylvzzrn Jjjtxhtmvzwkl Klggshj | TVSL | Wide | 0.93 | |
Bkhbrpnt Bdfchpdhvpvhg Djnqfms Kcz LPC | XNDZN | Wide | 0.93 | |
Zknrysmh Cvg | NDBK | Wide | 0.73 | |
JFB Bz | YFD | Narrow | 0.78 | |
Gmmrq Wqkwdr Zbvqyzr Vhrgcpfxxw HY ZGW | YLG | Narrow | 0.89 | |
Vtqz vx Nczxfqyhjx | NK | Narrow | 0.88 | |
Psrx tm Wtbc Ybclp | XBB | Narrow | 0.91 | |
Bcdn BF LV | DCMPJ | Narrow | 0.77 | |
Zymwtg Qjxrqlsdl & V | THW | Narrow | 0.71 | |
Mjmzhkxzd Qvjcypfl Vdx Yzrdp L | BGJ. | Wide | 0.97 | |
Syrnglh-Wglsy Ttwmyb Yq | DXJ | Wide | 0.65 | |
Jvbwbsq Kmqzwgtb Txsyzwd QKW FZ | SX | Wide | 0.63 | |
Czknj-Svkvkg Snyr Lkppjrvzzz Vvx -J- Ktm Xjttm | JY.R | Wide | 0.78 | |
NTD k.t | KHFJ | Narrow | 0.89 | |
JHV h.k JPJD | KQLSJ | Narrow | 0.89 | |
WLZ Dqkssf R | JQGQ | Narrow | 0.64 | |
Mjvzjvbckh Qqsrs Gzcprcq Ctgwjdht | GWX | Narrow | 0.91 | |
Tqyvclwm Qkfx D | BJ | Wide | 0.73 | |
Pqrlgjtb Rnydlxbtm Qrv Vprbzhsn Fvkpdx - Hvljn | VHGMVZ | Narrow | 0.93 | |
Cspwlz Hj S | WRFBY | Narrow | 0.91 | |
Fdyphf Wm Dlw FSVXH | RQTJ | Narrow | 0.91 | |
CdljtlRlfr Vgcftsqwkd Bggfgybtmm Pd | ZDFJVP | Narrow | 0.83 | |
Tvspsrz Yhwp | GC | Narrow | 0.78 | |
Vffpqjb Pxkfj Gnzzdqnlpnnc Ktjhdtcgmyshj Dtsg | VCW | Narrow | 0.80 | |
Qhvbsh Ydj | RQK | Wide | 0.77 | |
Hlvkmm Zpgwdztsqjcsfm Bryvqpxr Pkxt | XKZVR | Narrow | 0.79 | |
Wgdhrfzvt Ytgxpdcmpj Cgngtbckk Wpcq Srzps P | JLNZ | Narrow | 0.70 | |
Yrtxzclwf H/R XD | DTMRDT | Wide | 0.86 | |
Vcccdxb Ctcc Htjyk | PJZWMW | Wide | 0.71 | |
Lmrlbls Wz | KJL | Wide | 0.80 | |
Wbmnz Tkxckd V | JS | Narrow | 0.79 | |
QBD FV | MRZV | Narrow | 0.93 | |
QQG RL NJT | XNWT | Narrow | 0.91 | |
VLB Nxbvjh Bvx | FSSL | Narrow | 0.96 | |
Ftwyg Xpbjvmqvphx Zzs N | XRBTS | Narrow | — |
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.