STMicro's Product Breadth on Display at CES; Maintain EUR 19 FVE, Shares Still Undervalued
We attended STMicro's product demonstrations at CES and remain encouraged with the company's product breadth and diversity, especially in the industrial and automotive end markets. Although ST is an important supplier into Apple's iPhone, and Apple's revenue warning earlier this month may cause near-term hiccups for ST, we think the recent sell-off in ST's shares (down about 25% the past 3 months, including a 12% drop the day of Apple's warning) is overdone. We continue to foresee nice long-term...
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.