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Morningstar, Inc. Commentaries

10 Inexpensive Medalist Closed-End Funds

Jun 13, 2014
Click here to access 10 Inexpensive Medalist Closed-End Funds

Morningstar’s methodology for investing in individual stocks is based on buying high-quality firms trading at a discount to intrinsic value. This is easier said than done--intrinsic value is determined by forecasting a company’s future cash flows and discounting those cash flows back to today, a task that is extremely difficult to do with much accuracy. As such, intrinsic value for a stock could be viewed as a range of values that incorporate different best- and worst-case scenarios for the company’s future prospects. 

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Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. We offer an extensive line of products and services for individuals, financial advisors, and institutions.

Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services and has approximately $195 billion in assets under advisement or management as of Sept. 30, 2012. We have operations in 27 countries.