This exchange-traded fund tilts toward smaller and more-defensive names in the large-cap universe.
Dominion is uniquely positioned to invest in high- ROIC energy infrastructure.
We believe better investment opportunities exist in the retail defensive space.
Changing consumer preferences and technological innovations have led to valuation shifts across different consumer cyclical industries.
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.
Absent a potential takeout, prolonged price competition and low returns on capital will depress investment returns.
Jones Lang LaSalle should be able to weather upcoming merger of smaller peers.
With the addition of Boots Alliance, the firm is now a premier global retail powerhouse.
Those firms with moats will continue to take share, despite near-term uncertainty about foreign exchange, European spending, and Asia Pacific regional growth.