Its loss-leader capabilities should drive unrivaled sales per square foot and excess returns.
Increased regulation could advantage high-tech disrupters and firms with economies of scale, says Morningstar's Jim Sinegal .
Wells Fargo’s results underscore how the firm’s low-cost deposit-base growth remains its key source of competitive advantage, writes Morningstar’s Jim Sinegal .
The performance overhang attributable to the bank's crisis-era missteps is fading, writes Morningstar’s Jim Sinegal .
Leadership changes and litigation risk should not scare investors away from financials, as quarterly results show that several names are currently a fairly good deal, says Morningstar's Jim Sinegal .
The wide-moat firm continued to keep a tight lid on expenses, and it is making the right moves in the digital world, says Morningstar's Jim Sinegal .
The firm continued its progress on the expense front in the fourth quarter, but further improvement will be harder and regulatory woes will persist, writes Morningstar’s Jim Sinegal .
Factors outside management's control will determine the extent of earnings improvements over the medium term, writes Morningstar’s Jim Sinegal .
Morningstar's Dan Werner and Jim Sinegal see a move toward digital and direct channels.