As online purchasing becomes the norm among consumers, many retailers are increasing promotional activity and engaging in price wars to drive store traffic, says Morningstar's R.J . Hottovy .
The Internet giant's network effect, mobile capabilities, and PayPal platform have it positioned for long-term growth, say Morningstar's Matt Coffina and R.J . Hottovy .
The Chinese e-commerce giant’s first public update shows the power of the firm’s network effect, though shares are slightly overvalued at today’s levels, says Morningstar’s R.J . Hottovy .
Notwithstanding disappointing first-quarter sales, Chipotle can weather a more competitive fast-casual industry in the years to come, writes Morningstar’s R. J . Hottovy .
Alibaba’s lower-than-expected revenue growth is not a cause for concern as the firm continues to build its network effect, writes Morningstar’s R.J . Hottovy .
Although shares are pricey, the firm wields a tremendous amount of pricing power, reinforcing its narrow moat, says Morningstar's R.J . Hottovy .
We’re nevertheless maintaining our fair value estimate as PayPal continued to show good momentum, says Morningstar’s R.J . Hottovy .
The shared services agreement between eBay and PayPal should preserve the synergies between the businesses while allowing management to focus on enhancing their respective network effects, says Morningstar’s R.J . Hottovy .
Apple Pay is clearly a potential disruption to eBay's PayPal, but we don't view mobile payments as a zero-sum game, says Morningstar’s R.J . Hottovy .
Morningstar's R.J . Hottovy says a key uncertainty ahead of Alibaba's IPO is whether the firm can duplicate its success outside of China.