We are raising our fair value estimate for the wide-moat firm as we incorporate the stronger near-term performance and outlook.
As telecom and media valuations in the U.S. move sharply higher, Mexican firms Grupo Televisa and America Movil trade at a discount.
These stocks are well-positioned to tackle the material environmental, social, and governance risks facing their industries.
Experts think foreign stocks, especially emerging markets, are attractive. Here are Morningstar's favorites for those themes.
We expect the strong 2020 guidance to support a slight increase to our fair value estimate, but we still don’t expect the stock to look undervalued.