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Featured Stock: Merck
While still facing some patent losses, Merck's pipeline, led by Keytruda, should accelerate growth.

Banks Breeze Through Fed's Annual Stress Tests
Results of adverse scenarios are generally in line with Morningstar's own Stress Test analyses.

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SectorValuation

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as of 3/4/2015 Valuation
Communication Services 1.07
Energy 0.82
Industrials 1.10
Technology 1.09
>1.0=Overvalued
<1.0=Undervalued
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Undervalued Underperformers With Wide Moats Stock NameMorningstar
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Core Laboratories NV-40.03Swatch Group AG-30.05Discovery Communications Inc-27.73Amazon.com Inc-22.94Discovery Communications Inc-22.39ONEOK Partners LP-19.43Ambev SA-16.16Data as of 12-15-14  
   
       
                    
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