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Andrew Lane

As the Director of Equity Research, Index Strategies, Andrew Lane works closely with the Morningstar Indexes team to develop indexes that leverage data points from equity research analysts.

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The announcement of additional acquisitions remains a distinct possibility for this steelmaker, thanks to its healthy balance sheet, sizable cash position, and free cash flow generation.

As investors focus on short-term issues, we think the stock is trading at an attractive entry point, even after trimming our fair value estimate.

More About Andrew Lane

Andrew Lane is the director of equity research, index strategies for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. In this role, he focuses on design and marketing efforts for indexes that leverage data points produced by the Morningstar equity research team. Before joining Morningstar in 2013, Lane earned a Master of Business Administration, with a specialization in applied security analysis, from the University of Wisconsin-Madison. Prior to business school, he spent three years at Harris Associates LP, working in the trading operations group. Lane also holds a bachelor’s degree in economics and history from Boston College.

Lane has passed Level II of the Chartered Financial Analyst® program.

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