9 High-Quality Stocks With Momentum
These wide- and narrow-moat stocks are up more than twice as much as the market this year, yet remain undervalued by our metrics.
It sure hasn’t been pretty, the market this year. Thanks to tough trade talk and interest-rate uncertainty, stock investors have endured a rollercoaster ride. Yet as of this writing, the S&P 500 is up about 16% for the year to date. Not too shabby, especially after a rough 2018, when stocks finished the year in the red.
Today we’re hunting for high-quality stocks that have done well this year but that we think may have more room to run. Specifically, we screened for stocks with wide and narrow Morningstar Economic Moat Ratings that have returned twice as much as the S&P 500 this year yet are trading in the 4- and 5-star range.
Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.