Japan Moves Closer to Legalizing Casinos
Wynn Resorts WYNN posted second-quarter results Monday that show the company is growing much faster than we expected. We are placing our fair value estimate under review while we take a look at our assumptions. Wynn's Las Vegas property increased its top line about 20% in the quarter and increased ...
These three funds have boosted their exposure to heavily indebted companies over the last year.
Large growth fared best, while funds with heavy energy stakes collapsed.
Changing consumer preferences and technological innovations have led to valuation shifts across different consumer cyclical industries.
Those firms with moats will continue to take share, despite near-term uncertainty about foreign exchange, European spending, and Asia Pacific regional growth.
Companies that can meet the new realities of retail likely have an economic moat, ultimately leading to better full-price sales and margin performance.
UPDATE: 40 small- and mid-cap stocks expected to benefit from a Republican-controlled D.C.
In an excerpt from their new book, Morningstar's Heather Brilliant and Elizabeth Collins explore how to identify a moat and how intangible assets can help a firm carve out a sustainable competitive advantage.
Lousy weather and weak holiday results make the sector a relative bargain.