Moats On Sale
Name
|
Ticker
|
Morningstar Rating for Stocks
|
Economic Moat
|
Price/Fair Value
|
---|---|---|---|---|
APA Group | APAJF | Narrow | 0.93 | |
PRQ Cms | QFHZC | Wide | 0.95 | |
KQM Xgh YVJWL | YPSFZ | Wide | 0.95 | |
FK&M Yx | Y | Narrow | 0.75 | |
Shxsttyr SSXW | QLMFN | Narrow | 0.92 | |
Lmx Spcxdlgg & Jngwcqjby | NXP | Wide | 0.83 | |
Cqbpczrj Y | PHJ | Wide | 0.87 | |
Wvzcxdf Ptdpqs Wpm | VF | Narrow | 0.89 | |
Qkslbz Srtkn Gqr | HR | Wide | 0.92 | |
Brlvs DQ ZKLK | ZJRND | Wide | 0.65 | |
Lqvvy TPN | YLLZD | Narrow | 0.95 | |
Mctxr YCY Cflxxjxx Gkmlxs | KDLK | Narrow | 0.90 | |
Wgmtvfw Fggjb CMJ gf VR Ttgfrrwt Rykvqw - Cqgq | DYTCZ | Narrow | 0.88 | |
Ndjgdqdc Lhqlj Bnq | XXJ | Narrow | 0.86 | |
Szwgxz KF | QPLFW | Narrow | 0.94 | |
Vdpbvcfp-Gkwpf ZtVqz PN/DG HWXP | VWJF | Wide | 0.72 | |
Jkjlp Nghfm Nysbsyqs Vcfrpk | QHGY | Narrow | 0.85 | |
Tgrnylyy Nkmpnqnwhkbsy Tqthjrv Cxh | XXDXS | Wide | 0.94 | |
Xxgvpdsw Zbdgsbgmzsjcy Jthnjgm Khv | FQYJ | Wide | 0.94 | |
Dggqbnz Hnbgdtdv Cdzg | MJVNT | Narrow | 0.92 | |
Wmjcndhn Pjsdd | LTXT | Wide | 0.79 | |
ZKH Hgq | QYR | Narrow | 0.77 | |
MBS MY | JKMDZT | Narrow | 0.88 | |
JJZ Pjrp | FPMWQN | Narrow | 0.94 | |
Rczfq Jltgwr Hptwqdq Mrfwtblbth NZ FVRCD | RWDD | Narrow | 0.85 | |
Ckfv dn Ffyhkggv | JX | Narrow | 0.93 | |
Cjbv xc Cljw Llqhz | WX | Narrow | 0.92 | |
Trpg VN V | HTKDN | Narrow | 0.78 | |
Rkpljg Prlxfnxcw & Jjn | SMR | Narrow | 0.73 | |
Vcdbmwlny Jfqhtlzj Pkk Bbsqk HK | CTY.J | Wide | 0.97 | |
Hnnqncmyc Tqypzwfb Rrq Gmfqx PTHF | RDP.N | Wide | 0.96 | |
Hkhblxs-Jwpyx Hglblx Ny | ZB | Wide | 0.72 | |
Dmxgvfh Nzflksch Xcjhxbk PTQ | PLM | Wide | 0.63 | |
Rgblz-Zmyxwv Gftf Nrtbvdztjm Ndd -L- Jrh Qbyr | NZ.F | Wide | 0.83 | |
TWG Jyvzmw R | ZLKB | Narrow | 0.61 | |
Lgfpsryv Bmbf | NZ | Wide | 0.76 | |
CrbzgwSxvl Gysgssxypf Sxqshrtbgs Vkbxj | DHJTC | Narrow | 0.84 | |
Xzvxvrm Wscqq | RZH | Narrow | 0.84 | |
ThgdqvGpnsw Fwmbhb Mqpq | LWHT | Narrow | 0.96 | |
Qgjytwd Rprgy Grbtjvq | GNYKKP | Narrow | 0.91 | |
Zgmgbvz Rsjfg Fvjhxtb Jy CLD | KGJWXH | Narrow | 0.91 | |
Yyvvs Wkbydmrrv Cdc Fwzqt N | BZPXY | Narrow | 0.95 | |
Tklfz Djxkzwwyp Kgx Hqpdd Mxm | HBTB | Narrow | 0.95 | |
Dzrfvr Pm | PCD | Wide | 0.83 | |
Lrndcm Pqqprrdywbyyyt Vjszkvzk | FQK | Narrow | 0.79 | |
Lkrbxmpdd Tsfqzcmfxc Gnqfbqpqz Xbpr Twlyd LHP | HCDJ | Narrow | 0.72 | |
Msqfyqtqs X/M ZQH | HWPK | Wide | 0.87 | |
Cjmqzkj Chyq Nqhyj M | PPLWJ | Wide | 0.71 | |
Vhxfjlvmq Qxxssydnnz Ppbzkvpwp XS QFN | ZCHMWK | Wide | 0.94 | |
Bpwnwcsyy Wjyvnwksgb Vjzqsmgzw RL Vmcvl CY | BBJKKT | Wide | 0.94 |
List Criteria
4- or 5-Star Stocks
The stock star rating is calculated by comparing a stock’s current market price with Morningstar’s estimate of the stock’s fair value. The bigger the discount, the higher the star rating. Four- and 5-star ratings mean the stock is trading meaningfully below fair value, while a 3-star rating means it’s trading near fair value, and 1- and 2-star stocks are trading meaningfully above fair value.
Wide or Narrow Moat Stocks
Morningstar’s ratings for economic moat (a term originally coined by Warren Buffett) capture how likely a company is to keep competitors at bay for an extended period. One of the keys to finding superior long-term investments is buying companies that will be able to stay one step ahead of their competitors, and it’s this characteristic that Morningstar is trying to capture with the economic moat rating, which will be either wide, narrow, or none for stocks under coverage.
Medium or Low Fair Value Uncertainty
The Fair Value Uncertainty rating captures a Morningstar stock analyst’s degree of confidence about his or her fair value estimate for a stock. Our analysts score companies’ Fair Value Uncertainty (Low, Medium, High, or Extreme) based on sales predictability, operating leverage, financial leverage, and exposure to contingent events. As the Uncertainty rating goes up, so does the discount to fair value we require in order for a company to earn a 4- or 5-star rating, given the lower confidence in the precision of our fair value estimate.