Report
Julie Utterback
EUR 100.00 For Business Accounts Only

Agilent and Waters Remain the Only Wide Moats in the Life Sciences/Diagnostics Industry

After taking a fresh look at top-tier analytical instrument providers Agilent and Waters, we maintained their wide moat ratings, which makes them unique in the life science and diagnostic industry. For comparison, most covered companies in this industry only earn narrow moat ratings. We think Agilent and Waters' heavy concentrations in very sticky end markets--such as biopharmaceuticals, chemicals, and energy--and the significant learning curve, reproducibility, and regulatory factors associated...
Underlying
Agilent Technologies Inc.

Agilent Technologies is engaged in life sciences, diagnostics and applied chemical markets. The company's segments are: Life Sciences and Applied Markets Business, which provides instruments and software that enable customers to identify, quantify and analyze the physical and biological properties of substances and products; Diagnostics and Genomics Business, which includes the genomics, nucleic acid contract manufacturing and research and development, pathology, companion diagnostics, reagent partnership and biomolecular analysis businesses; and Agilent CrossLab Business, which spans the entire lab with its consumables and services portfolio to improve customer outcomes.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Julie Utterback

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch