Absent a potential takeout, prolonged price competition and low returns on capital will depress investment returns.
GM Announces Disciplined Capital Allocation Framework
Investors who ignore the new, more profitable GM are missing an opportunity to get alpha in a market where bargains are scarce.
Greenbrier Announces Orders for 10,100 Railcars Valued at $1.09 Billion
Dominion is uniquely positioned to invest in high- ROIC energy infrastructure.
Southwestern Energy still has huge inventory in the Fayetteville and Marcellus shales.
Some investors are concerned about the firm's expanding footprint, but emerging-market assets are driving ROIC outperformance.
Morningstar StockInvestor editor Matt Coffina explains ROIC , WACC, and the 5 sources of a moat.