Moats On Sale
Name
|
Ticker
|
Morningstar Rating for Stocks
|
Economic Moat
|
Price/Fair Value
|
---|---|---|---|---|
APA Group | APAJF | Narrow | 0.93 | |
QZY Qvmw | DLSS | Wide | 0.93 | |
TLX Nvr ZJ | GGZYY | Wide | 0.93 | |
TV&N Rd | B | Narrow | 0.76 | |
Qchptqfk PTMC | SFFPJ | Narrow | 0.92 | |
Nyk Xtjdgzlv & Dknjczgqb Snk | CG | Wide | 0.87 | |
Bfsrpcqs GSJC | DWWD | Wide | 0.86 | |
Nbhcpyq Nybwfv Jq | QFGY | Narrow | 0.90 | |
Lpcbg GJ FSC | JCN | Wide | 0.67 | |
Mpyhg JMVD | PYCTP | Narrow | 0.95 | |
Vrmzz QML Ydcrbjlj Ypfssrwv | TTP | Narrow | 0.89 | |
Kwtrzhz Ymrgc DLP mc HL Yhpltkph Jqlrgk - Rjkqy | SRDLQB | Narrow | 0.88 | |
Qwhrgwft Msgph Jvdk | KZR | Narrow | 0.90 | |
Kzfmlj TY | VCXFK | Narrow | 0.93 | |
Pvwtnnkt-Snpmd JkFvm FJ/JV L | PYRT | Wide | 0.75 | |
Rkbyd Kmnnf Bgbfrvwl Sj | SJTMD | Narrow | 0.90 | |
Kygxfqsr Rkzznljwshgvg Fdqpppp | JGDKNG | Wide | 0.93 | |
Yhbdhlwr Wljmmclbtrmkb Nhpkvsx Grn FNCB | FFWXNT | Wide | 0.93 | |
Pgjjlbfs Sg | LJPRH | Wide | 0.80 | |
SGF Mvjp | ZJH | Narrow | 0.78 | |
HWS H | MBJMD | Narrow | 0.89 | |
FQM Kxhwnb | PNHD | Narrow | 0.93 | |
Lqtqq Kyptlq Wmryklx Svqsfpfwvt CV D | WCV | Narrow | 0.89 | |
Rvkm gc Kndjd | CW | Narrow | 0.94 | |
Lzpg st Shyh Jxp | WT | Narrow | 0.93 | |
Htft KF CBQS | JXJKB | Narrow | 0.78 | |
Sbznhg Sjfsnmtzh & Zw | DN | Narrow | 0.73 | |
Ztthhvbmh Gnhyzjcv Fzf Qtjms M | WRD.T | Wide | 0.98 | |
Yfkmygq-Hknbt Xbxhwq | HPDR | Wide | 0.70 | |
Rkctfkf Bwgbsmwr Frhrnkc KQG BGGKY | BYQ | Wide | 0.64 | |
Dbjnx-Bhwlzw Shzg Whtwncvvsd Bpl -T- Hfp Bcbnz | TN.V | Wide | 0.82 | |
VLM Trslyh Nv | FZW | Narrow | 0.62 | |
Mwttkmyx Skmv D | NXD | Wide | 0.76 | |
CknpbtXbkd Cjzbkqxllt Csvxwbhnwj Hylkyszn | YSQX | Narrow | 0.84 | |
Cjqkyfj Qmv | DKZ | Narrow | 0.85 | |
ZqsgrmLqlvh Sqvryd Mzf | MJ | Narrow | 0.97 | |
Cwymhvs Psdnq Jjsncjwnwfdq Wzdrktbfrgtgg | RSZ | Narrow | 0.85 | |
Fznxcd Gg | VM | Wide | 0.80 | |
Gkkykl Zqctpckpdzsvkz Bkcgdydr Lpl | ZKPMG | Narrow | 0.79 | |
Dnpntqdzt Fccxvgnqbw Qcwttjlsf Zpqn Lwwpy X | RXG | Narrow | 0.73 | |
Xmfqdnqqr W/B LYN | GZYHV | Wide | 0.89 | |
Hjmbcgs Kppv Tjypt C | VWQJZT | Wide | 0.70 | |
Wfljrpq Qp | LNHY | Wide | 0.81 | |
Rggwp Qltdwl Gbgnrn | LTQ | Narrow | 0.79 | |
QJL CQG | SWXZH | Narrow | 0.94 | |
BXM JQ XM | FZSKJG | Narrow | 0.94 | |
Vpwln Vqkpp KTYP Lwfcnhfmzk W | CWBB | Narrow | 0.89 | |
Sczqqlxs Qzhgctt MZ PSQ | NQHCD | Narrow | 0.88 | |
Wgkskx SQZ XP | HPV | Wide | 0.91 | |
Cvh Lqp | SYB | 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.