We believe that Merck KGaA enjoys a narrow moat, driven by intangible assets and switching costs which are prevalent in its Life Science and Electronics businesses. A few acquisitions to fill gaps in ...

My strategy involves buying high-quality business models at reasonable valuations. Click here for a detailed analysis.

This series of model portfolios from Morningstar’s director of personal finance and retirement planning Christine Benz can help investors reach their financial goals.

Meliá is focused on rounding out the top luxury end of its hotel portfolio. Its multi-pronged approach to growth is one that ...