Infineon remains a leader in power semiconductors.
Infineon reported solid fiscal second-quarter results and provided investors with a fiscal third-quarter forecast that was relatively in line with our expectations and continues to point toward healthy automotive and industrial chip demand. We are maintaining our EUR 20 fair value estimate and U.S. ADR fair value estimate of $25 for this narrow-moat company as we are encouraged by Infineon's booming automotive and promising power chip businesses.Revenue came in at EUR 1,836, up 3% sequentially,...
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.
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