7 Stocks With Dimmer Outlooks
These stocks underwent dramatic fair value or moat rating changes last month.
The month of December--and, let’s face it, the first week or so of January--is typically one big blur. Between celebrating the holidays, traveling, and wrapping up loose ends at work, many of us are now wondering, “What did I forget to do? What well wish did I not make? What 'thank you' did I fail to say? And did I remember to write '2020' rather than '2019' on the check I sent to the gas company a few days ago?"
Given the busyness, you likely missed some notable equity ratings changes in December--I know I did, and I write this column each month! Interestingly, December was marked by a couple of Morningstar Economic Moat Rating downgrades and some fierce fair value estimate cuts.
Susan Dziubinski does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.