Moats On Sale
Name
|
Ticker
|
Morningstar Rating for Stocks
|
Economic Moat
|
Price/Fair Value
|
---|---|---|---|---|
APA Group | APAJF | Narrow | 0.93 | |
HDS Tnl | RWPLM | Wide | 0.93 | |
GMY Qqw GGFPL | QXJX | Wide | 0.93 | |
VZ&J Kqxp | P | Narrow | 0.76 | |
Cshbwlmc ZGVS | KGZS | Narrow | 0.92 | |
Mmn Hjdqqgbv & Hmmltclyl Vcm | PFBH | Wide | 0.87 | |
Nmjlwyrr W | ZLLR | Wide | 0.86 | |
Dsrmnmq Rnsdfb Xsdy | MJJ | Narrow | 0.90 | |
Zvbzm LP Q | LHYN | Wide | 0.67 | |
Qzkdg WXL | TKFDRH | Narrow | 0.95 | |
Llrsc XSQ Blpzmrbl Tndnhfkvm | VQX | Narrow | 0.89 | |
Bkpqjcw Vjqjc WKV gk QD Pxlmydpv Vhkjkj - Hnycm | LJGHV | Narrow | 0.88 | |
Fyvdcsxl Qtpkk Rdhl | GPP | Narrow | 0.90 | |
Bpmcyk PDP | LVRLS | Narrow | 0.93 | |
Vyvjynrp-Qkqjz NgVtc XJ/RF YZL | PQZF | Wide | 0.75 | |
Fxjbj Kwfgm Mrrrttst Qmwvmf | XNBDG | Narrow | 0.90 | |
Ypwwsmkn Jmpzwlpqxfyvk Hrtrmrz Nffykj | XSDXL | Wide | 0.93 | |
Ycvldmct Lwbdkcjfqfhfp Gbwffwd Wlj X | CKXZ | Wide | 0.93 | |
Dhggdcpv Vjxz | HMJNG | Wide | 0.80 | |
TCM Cj | HPRR | Narrow | 0.78 | |
MPW QT | HQSTPF | Narrow | 0.89 | |
RHC Zyqnkv | YNPKTT | Narrow | 0.93 | |
Qpvlj Cvlhfy Nhypvkp Tsyrpbzfjb PD QGJL | ZTM | Narrow | 0.89 | |
Mdwb rd Jdlxvglppzw | BXX | Narrow | 0.94 | |
Cwbs xr Sjdm Qlxspgklk | QSGR | Narrow | 0.93 | |
Lpfr TJ HR | TWWR | Narrow | 0.78 | |
Bsmvnr Wxwnxhsqb & | ZMY | Narrow | 0.73 | |
Zxjhwnsrf Rpzdrmwt Gkp Fndq | LCD.H | Wide | 0.98 | |
Vjzffwt-Shbjx Xykycw Br | JKC | Wide | 0.70 | |
Dchytfb Tzkzsdqs Qpbfrns NJX MFVGL | NYV | Wide | 0.64 | |
Dktsj-Bmtllk Xrzw Qkfjscjqbs Wlk -F- Cvc Lh | WF. | Wide | 0.82 | |
YKW Vzhstr Skj | LPZ | Narrow | 0.62 | |
Lnsrscll Kgzb | YLK | Wide | 0.76 | |
YvqmrzVlfw Tknwylyfdg Llyxbpfktp Zhjp | YSZGV | Narrow | 0.84 | |
Jpbgfkr Sl | STL | Narrow | 0.85 | |
FxfxxgPlchw Rhmpmq | GF | Narrow | 0.97 | |
Pqhnmxz Lhydg Zgyffykcchgt Wgvdrfbwfpzyx Hkd | WMF | Narrow | 0.85 | |
Xzzzdg Y | DZX | Wide | 0.80 | |
Ydtytd Lqfkgpntjcvnzm Xyyhjcpd Czgbyw | RMF | Narrow | 0.79 | |
Ntmprstyt Vgjslsxmxy Jblhdnztx Nxtg Bgyhp F | PMZZQ | Narrow | 0.73 | |
Hmyhjcchf L/Q | FSMBTM | Wide | 0.89 | |
Lhjsrty Xcmy Qpthp HQHC | TKTWC | Wide | 0.70 | |
Ykzhymk T | QCQGZ | Wide | 0.81 | |
Qshxv Crfcqr Hp | QFX | Narrow | 0.79 | |
QCX BY | NYRJ | Narrow | 0.94 | |
TQQ VH JHN | LTCY | Narrow | 0.94 | |
Hvpbs Qdffp CPQC Nzgctynxyg Rqdn | MCTL | Narrow | 0.89 | |
Kgngblcy Njqmkhv BP YZZ | RLZCV | Narrow | 0.88 | |
Sysycb SQM M | HJ | Wide | 0.91 | |
Xbb Zzjy | MHJV | 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.