The First Stop for Bargain-Hunters: Wide Moat Names
An indiscriminate sell-off could put some quality companies on sale, but investors must be patient, given the near-term uncertainty surrounding the Brexit vote, says Morningstar's Alex Morozov.
Jason Stipp: I'm Jason Stipp for Morningstar. Global markets tanked after the U.K. populace voted to leave the European Union overnight. I'm checking in today with European director of equity research Alex Morozov to get his take on the Brexit vote and what it means for valuations.
Alex, thanks for calling in today.
Alex Morozov does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.