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As of Mon 08/19/2013 12:00 PM EST | USD
Morningstar StockInvestor editor Matt Coffina explains ROIC, WACC , and the 5 sources of a moat.
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.
Railroads bolstered our confidence in the persistence of excess returns via solid performance through the recent recession and coal weakness.
Increased access to the Gulf Coast results in higher realizations.