2024-02-09 02:51:35 ET
Summary
- Our 3-step process focuses on wide-moat stocks (as per Morningstar’s rating).
- We are only interested in those targets that are attractively valued in historical comparison.
- We share the heat map of the most investable candidates that may be worth your time for further analysis.
Step One: Wide-moat stocks with 5-star and 4-star ratings
Historical evidence says that while quality alone is a poor indicator of outperformance when combined with a decent valuation filter, Morningstar's moat rating proves to be more than useful. Based on the available data, stocks with a wide-moat rating that also fit into the 4- or 5-star category deserve to be the subject of further analysis. See the detailed explanation and the underlying evidence of our first step in this article . ...
Read the full article on Seeking Alpha
For further details see:
International Wide-Moat Stocks On Sale - The February 2024 Heat Map