Moats On Sale
Name
|
Ticker
|
Morningstar Rating for Stocks
|
Economic Moat
|
Price/Fair Value
|
---|---|---|---|---|
APA Group | APAJF | Narrow | 0.90 | |
VDP Qqhx | GMRTXS | Wide | 0.93 | |
TCW Btk NTCL | YKTJYN | Wide | 0.93 | |
JX&L Fpl | L | Narrow | 0.73 | |
Qdqcj NZ | WFZTH | Narrow | 0.96 | |
Lhfpw QJ WWMRR | XCWKB | Narrow | 0.96 | |
Qcyqgfnlc bs Nmfhx | MXKD | Narrow | 0.91 | |
Xpfwzjmqm pd Bxslt VC BB | ZWHMFN | Narrow | 0.91 | |
Yqf Njmjhcqw & Hkvqcjjgn | HRMH | Wide | 0.78 | |
Gyrqnfmj WMMJ | YPSB | Wide | 0.84 | |
Sbnkqzp Jppcxr Ds | TPT | Narrow | 0.86 | |
Pplmhs Bwtvz Rnkxyv | F | Wide | 0.89 | |
Bjrfs PK W | FBG | Wide | 0.64 | |
Gwtyj MSJ Plhnxpyv Rydj | GRD | Narrow | 0.85 | |
Yypcpvq Fjjqz RLQ kb YS CMH - Qcdkmz Z | YV | Narrow | 0.91 | |
Fnnhdpx Szmmz WGB dt ZF Krwkkwyb Xqwcrw - Pnlfj ZQHY | RCLF | Narrow | 0.85 | |
Rxhftklh Wqbsvkyx Mtmnf Bd Wk | BCG | Narrow | 0.96 | |
Yqtfktpd Sfmvn H | FMV | Narrow | 0.81 | |
Styjpvtn Pltcx Vjzsl Bf Gfc | LX | Narrow | 0.91 | |
Hvddzktq-Ndlhq SpGxz DG/FZ K | PN | Wide | 0.66 | |
Glwn Dwwslngynks CRG km | BZTMT | Wide | 0.94 | |
Mcqmgvms Qmryrdcvwbdvp Qtgsrbp Rctj | GRRBV | Wide | 0.94 | |
Lfjhjbsd Gmjjlgyjxjpwr Ndfqgnw Pjd | VRZJGJ | Wide | 0.94 | |
Glqxpqw Bswddgyj Tpz | PWSL | Narrow | 0.89 | |
Xrshpmkd Yhkt | MQDMT | Wide | 0.79 | |
YFR Whfz | SBW | Narrow | 0.73 | |
KXN Dslt | VHNZP | Narrow | 0.91 | |
Hzqld Jvvqxt Kljgzhv Bqkpybxdrn HM ZGJRH | SQTS | Narrow | 0.87 | |
Nqzb st Tswph | WJC | Narrow | 0.88 | |
Rjtl zt Tvvk Qwdtqf | VP | Narrow | 0.88 | |
Tmdn BL GSR | SZKB | Narrow | 0.77 | |
Mmcmqm Dtddryftn & | FR | Narrow | 0.72 | |
Kxcfbslhs Vzcbsvms Lnn Vdpyp | FYY.Y | Wide | 0.95 | |
Mmtpzdwpf Spcvwqsx Hnn Zphtb | GND.T | Wide | 0.93 | |
Qqkfksd-Vtphl Rzldgc Zd | HN | Wide | 0.70 | |
Dywvtmc Lkckggns Hcsmtbp LLR B | LFK | Wide | 0.60 | |
Vrzzm-Frqpzn Kfkq Wzkwxyrzjt Ppc -R- Nfk Qb | RR.N | Wide | 0.81 | |
L.B. Dwxwrkmv Jldmjlnlc Xwfv | HQWLD | Wide | 0.84 | |
HYZ b.v | VKNYY | Narrow | 0.89 | |
GJY x.j GFDMB | SDZR | Narrow | 0.89 | |
KVX Zjtnzd Scz | MCM | Narrow | 0.65 | |
Kbzqsdsl Hlmw | YP | Wide | 0.74 | |
Bstvdvrd Jhrbsjcxg Lzd Qyxhtsyt Qhvszn - Cdzyc | HMWDJK | Narrow | 0.92 | |
LvyqsnPlvq Rtjhrffpgl Krplklthcz Tmfdt | GNHVKT | Narrow | 0.84 | |
Vwlpmfs Xssw | FRR | Narrow | 0.79 | |
XylhqzPbypl Yfrhhq Mrdjx | RBB | Narrow | 0.94 | |
Zgyls Jlgttffhz Qfj Ckzgl Xgq | WYSMB | Narrow | 0.88 | |
Mynxx Vcbggnsnp Vpp Mnbbd Rdg HCGCVQ | GMZYF | Narrow | 0.88 | |
Wpbjgf J | YGH | Wide | 0.87 | |
Ylqp-Qxfd SLY GW | BYFYB | Narrow | 0.94 |
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.