Data Dashboard Morningstar Equity Star Rating Tracker Number of stocks Morningstar Wide Moat Focus Index The index consists of the 20 U.S. wide-moat stocks with the lowest price/fair value ratios. Each stock is assigned an equal weight. globally that received undervalued (4 and 5 stars) and overvalued (1 and 2 stars) ratings from Morningstar's equity analysts. Number of Stocks 700 Undervalued USD Growth of $10K (10/31/2014) 18.3 20K Morningstar Wide Moat Focus Index 486 17.2 15 239 Morningstar U.S. Market Index 350 10 Overvalued 10/2011 10/2012 10/2013 0 10 Most Undervalued Non-U.S. Stocks with Wide Moats 10/31/2014 Price Fair Value $98.66 $145.00 457.7 $46.24 Company P/FV Morningstar Rating 11/2011 11/2012 11/2013 0 Morningstar Wide Moat Focus Index Constituents 10/31/2014 Company Price ($) Fair Value ($) P/FV Swatch Group UHR:CH Sanofi SNY Elekta EKTAB:SE 0.68 QQQQQ Schlumberger SLB 98.66 145.00 0.68 640.00 0.72 QQQQ Western Union WU 16.96 22.00 0.77 $59.00 0.78 QQQQ Amazon.com AMZN 305.46 375.00 0.81 KR75.60 KR95.00 Schlumberger SLB 0.80 QQQQ National Oilwell Varco NOV 72.64 89.00 0.82 $34.17 $41.00 0.83 QQQQ eBay EBAY 52.50 63.00 0.83 $6.68 $8.00 0.84 QQQQ Baxter International BAX 70.14 84.00 0.84 €155.95 €180.00 0.86 QQQ International Business Machines IBM 164.40 196.00 0.84 Australia & New Zealand Banking Gr ANZ:AU $32.50 $39.00 0.86 QQQQ Express Scripts ESRX 76.82 89.00 0.86 $38.73 $44.00 0.88 QQQQ Monsanto MON 115.04 130.00 0.88 $139.53 $153.00 0.91 QQQ Exxon Mobil XOM 96.71 109.00 0.89 General Electric GE 25.81 29.00 0.89 Lorillard LO 61.50 69.00 0.89 150.86 167.00 0.90 42.66 47.00 0.91 139.53 153.00 0.91 Exelon EXC 36.59 41.00 0.91 Sysco SYY 38.54 42.00 0.92 Qualcomm QCOM 78.51 80.00 0.92 Procter & Gamble PG 87.27 94.00 0.94 208.29 215.00 0.97 Potash Corp of Saskatchewan POT Ambev ABEV Kering KER:FR Unilever UN Core Laboratories CLB 10 Most Undervalued Morningstar Equity Best Ideas 10/31/2014 Price Fair Value GBX482.20 GBX1200.00 0.40 QQQQQ Petroleo Brasileiro SA Petrobras PBR $10.65 $23.00 0.46 QQQQQ Rayonier Advanced Materials RYAM $25.06 $47.00 0.53 QQQQQ Fiat Chrysler Automobiles FCAU $11.05 $19.00 0.58 QQQQQ General Motors GM $31.35 $53.00 0.59 QQQQQ Apollo Global Management APO $23.52 $40.00 0.59 QQQQQ Schlumberger SLB $98.66 $145.00 0.68 QQQQQ $1.77 $2.60 0.68 QQQQ $12.58 $18.00 0.70 QQQQ 457.7 640.00 0.72 QQQQ Company Tullow Oil TLW:GB Alumina Ltd AWC:AU Santos STO:AU Swatch Group UHR:CH 92 Morningstar December/January 2015 P/FV Morningstar Rating Polaris Industries PII Expeditors International of Washington EXPD Core Laboratories CLB Intercontinental Exchange ICE Morningstar, Inc's Investment Management division licenses indexes to financial institutions as the tracking indexes for investable products, such as exchange-traded funds, sponsored by the financial institution. The license fee for such use is paid by the sponsoring financial institution based mainly on the total assets of the investable product. Neither Morningstar, Inc. nor its investment management division markets, sells or makes any representations regarding the advisability of investing in any investable product that tracks a Morningstar index. The Best Ideas list is compiled by Morningstar's equity research teams. Price/fair-value ratios are calculated by Morningstar analysts and reflect stocks currently under coverage.http://www.Amazon.com