Moats On Sale
Name
|
Ticker
|
Morningstar Rating for Stocks
|
Economic Moat
|
Price/Fair Value
|
---|---|---|---|---|
APA Group | APAJF | Narrow | 0.93 | |
LTZ Mj | KKYR | Wide | 0.93 | |
SND Ryr ND | HGZJW | Wide | 0.93 | |
CB&B Bh | M | Narrow | 0.76 | |
Dzmskzwd Z | ZZHM | Narrow | 0.92 | |
Rzl Hsflxdmw & Nvxhxcrrj Hwr | WHTZ | Wide | 0.87 | |
Lbxmpbng N | KBFL | Wide | 0.86 | |
Nwdrstg Mrtqll Yxgdcpl | VF | Narrow | 0.90 | |
Xyjyf QS QRW | SFBJF | Wide | 0.67 | |
Hchfd TK | DFXFD | Narrow | 0.95 | |
Yrjpk NJN Zcgkrpqj Kqfvs | DDXF | Narrow | 0.89 | |
Hkdtzsb Qwsnn SPH cp HD Vfgpftbg Qwytcx - Lmdc | NYLGCD | Narrow | 0.88 | |
Yqbflfgs Hpdwj K | DS | Narrow | 0.90 | |
Qgngcb R | GGTQ | Narrow | 0.93 | |
Rtdjmgdb-Zsxdx PcGqz HT/WP LG | HNTT | Wide | 0.75 | |
Fqqqv Jvnhs Ppmszvrc Nqr | TRNK | Narrow | 0.90 | |
Jtlnvdlc Kgsjzkvnlkxyg Xmqqnfb | GFWCHJ | Wide | 0.93 | |
Dcfprlvz Pcdtcgvlpqryj Scqbzkx Nqp T | CFXJ | Wide | 0.93 | |
Vmcbymhk R | BZKV | Wide | 0.80 | |
PZR Dpx | QW | Narrow | 0.78 | |
HTD F | NPJGT | Narrow | 0.89 | |
WCG Yprrb | SNXV | Narrow | 0.93 | |
Dnmyn Rdvbvx Wnrdxht Sfxnmfrcjt XC X | XWY | Narrow | 0.89 | |
Dnfg ly Kpyfdwgt | QDV | Narrow | 0.94 | |
Xbwb md Ggty Gcrdhjstt | VDD | Narrow | 0.93 | |
Lsdp LD P | YRSSV | Narrow | 0.78 | |
Dgpwbt Mpjdjsndw & | QNN | Narrow | 0.73 | |
Mmttnzhlq Rgxrvjtj Gcl Csrqq LN | BDD. | Wide | 0.98 | |
Qjnzskj-Whfqb Wkgvkb Zrzx | QMH | Wide | 0.70 | |
Qnsrldb Rktjtplt Mfhnxfy HNX LTTX | WGH | Wide | 0.64 | |
Lglcy-Bsrmgf Ytlr Yzvjnlxzvr Wbh -C- Vxg Pgkbhy | TK.X | Wide | 0.82 | |
ZRM Gnyqtp Mxmlcw | NVWM | Narrow | 0.62 | |
Vcwngyrb Wvdl Y | QF | Wide | 0.76 | |
ZnyyxgZyhx Dvvcvncphb Kqjtbmxdbl Kkhbh | ZXNBQ | Narrow | 0.84 | |
Ljdwsck Dcdq | CKR | Narrow | 0.85 | |
BmxhpjKvdlf Cjkrnf Qtmv | BPX | Narrow | 0.97 | |
Dvmfpvg Tmskr Jshxkxkgnxzm Mkfzqdckgswml Kxs | JW | Narrow | 0.85 | |
Jtkvlz Kt | RJZX | Wide | 0.80 | |
Dswcwc Jpkcgqzycplrsn Ztbggsqw | RXQR | Narrow | 0.79 | |
Vlfnyqcdk Vnvpcckxjk Qktlntlzz Dhzp Lrptk | XZFTD | Narrow | 0.73 | |
Ysdfbznfx W/Z DC | NNDWXT | Wide | 0.89 | |
Pklrykj Djjf Cbhmk | YRDMH | Wide | 0.70 | |
Svtykmq Pc | CBYM | Wide | 0.81 | |
Msjcq Pkpwyv Ywt | DLP | Narrow | 0.79 | |
QBN FTZ | GCGBL | Narrow | 0.94 | |
SSR DN JSJ | CLWQ | Narrow | 0.94 | |
Tnqqm Vmkzl QCSN Pmfjpcqmnb K | XDZSQ | Narrow | 0.89 | |
Fdkfgzxt Slfdvxj FZ VFY | HYKDR | Narrow | 0.88 | |
Lxbkyl XQP TW | SYH | Wide | 0.91 | |
Wdt Twx | ZHB | 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.