This list contains all stocks that are currently rated 5 stars. Here's what you need to know:

1. The stock star rating is calculated by comparing a stock's current market price with Morningstar's estimate of the stock's fair value.

2. The further the market price is below the fair value, the higher the star rating. A 5-star rating means the stock is trading meaningfully below fair value. 

3. Our rating system also factors in an uncertainty adjustment (known as the Fair Value Uncertainty rating). As the Uncertainty rating goes up, so does the discount we require for a company to earn a 5-star rating, given the lower confidence in the precision of our fair value estimate.