Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Morningstar, Inc. (MORN): A Bull Case Theory 

We came across a bullish thesis on Morningstar, Inc. on Rebound Capital’s Substack. In this article, we will summarize the bulls’ thesis on MORN. Morningstar, Inc.'s share was trading at $216.38 as of December 1st. MORN’s trailing and forward P/E were 24.62 and 19.19 respectively according to Yahoo Finance.

Morningstar, Inc. (MORN) is best known for its consumer-facing investment research, but the bulk of its revenue stems from premium data subscriptions sold to financial institutions. Its flagship platforms, Morningstar Direct (~$15K per year) and PitchBook (~$20K per...