|Last Price$112.15||Day Change (%)0.34%|
|Open Price$111.84||Day Change ($)0.38|
|Day Range111.66–112.44||52-Week Range76.08–112.58|
As of Thu 09/18/2014 03:44 PM EST | USD
In this second excerpt from their new book, Morningstar's Heather Brilliant and Elizabeth Collins detail how companies leverage cost advantage and switching costs to their benefit.
We are concerned about a slow start to U.S. light-vehicle sales this year, but we expect improvement once the cold abates.
Class I railroads have cost advantages and scale efficiencies that give them a competitive edge over lesser players.
Railroads bolstered our confidence in the persistence of excess returns via solid performance through the recent recession and coal weakness.
Widening investment-grade credit spreads and rising interest rates lead to losses.
Wall Street expects 3Q will be the first down quarter of earnings in the recovery, but the U.S. economy should pick up some global slack, says Morningstar's Bob Johnson.
This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...
Get our sector-by-sector take on the bond market, plus our five best bond ideas.
Alternative methods have some use, but we think discounted cash flow is the most fundamentally sound way to value the conglomerate, as we discuss in the final installment of our 5-part series.