Special Reports

It's a new year so ignore the noise, understand what you're investing in, and remember that valuation is crucial.

Cybersecurity is front of mind for business and government. Why? Because several hundred data records were stolen in the time it took to read this paragraph.

Lower regulated returns and rising tax payments are a short-term hit for the infrastructure play and should be softened by the start of revenue from the Bomen solar farm, cost-saving initiatives and bonuses for good network reliability.

The strong gains of 2019 will be overshadowed by continued volatility and uncertainty as low interest rates persist, trade tensions gnaw and debt hovers at record levels.

We assign a narrow economic moat to the business, but don't believe the market is accounting for long-term downside risk.

We are bullish on the strategy, but with steelmaking spreads to remain under pressure, shares screen as expensive.

There is little margin expansion to be found in the aisles of Woolworths and Coles, which screen as up to 40 per cent overvalued.

Coca-Cola Amatil is fighting an uphill battle on consumer preferences, product offerings, and profitability.

The Morningstar Global Equity Best Ideas list is a key resource for investors looking to get exposure to moat-rated stocks trading at compelling discounts.

But weak household consumption growth and high household debt stand in the way of a return to rapid growth.

Aussie companies with strong market positions in relatively stable industries show a degree of predictability that appeals to the Japanese corporate eye.

Gold and iron ore miners remain expensive, however, but there are some discounts among base metals miners.

Australian building materials names with US exposure to benefit from secular tailwinds despite weakening macro outlook

While we don’t rate any of our mining coverage as having moats, there’s still a hierarchy in terms of asset quality for those companies.

No need to buy now; indicative range offers no margin of safety for uncertainty and lack of economic moat.

We remain bearish despite material fair value estimate increase.

The damage done from the confession period often opens a margin of safety to intrinsic value that is too good to ignore.

The August reporting season was disturbed by the return of extreme volatility in global equities markets as the US/China trade war escalated.

Strong Asia-Pacific demand growth is providing room for Australian project expansions

There are occasions when a demerger is effectively forced upon a company as it needs to get rid of “bad” apples for the sake of the tree.

The legalisation of cannabis in Canada has boosted an industry that Morningstar forecasts will grow by nine times through 2030

BHP, Rio Tinto and Fortescue are among a host of Australian miners that appear overpriced, but we see value emerging in base metals and coal.

Negative sentiment has bitten into Australia's leading online food retailer.

Danger lurks in high altitude markets as central banks invite investors to take more risk, writes Morningstar's Peter Warnes.

Deftly navigating joint venture complexities to drive maximum value from an integrated PNG LNG.

The chill winds of a weak economy have been felt in the market, with a barrage of profit downgrades and consensus expectation hose-downs in just the past month, writes Morningstar's Brian Han.

Unlike its peers, Iluka is undervalued, has a strong operational record and stands to benefit from industry supply challenges and sustained favourable prices.

There are good reasons for caution in the local equity market, which is now at an 11-year high

Opportunities could present if the market loses its cool.

Labor’s policy recommendations present risks for some investments, but also opportunities, according to Morningstar Equity Research.

Cost savings, added scale, and brand diversity will help AP Eagers navigate the challenging auto retailing environment.

The Australian Taxation Office is closing in on SKI and will send the group its inaugural tax bill in 2019.

Memories of the GFC are fading fast and corporates are becoming ever more confident in pursuing growth, size and scale.

Crop protection dynamics and omega-3 innovation provide a chance to invest in a cyclical but solid business.

The market is ignoring the long-term benefits being created by the upheaval in the Australian retirement sector.

Supply disruptions are unlikely to persist and China's demand for steel is on track to reach equilibrium point.

Under-the-radar storage a gem in the portfolio.

What could low tax paying individuals or the trustees of pension-phase SMSFs do to reduce the impact of the potential franking-credit changes? 

Supply disruptions raise the near-term price outlook, which will benefit all the major miners under our coverage, including the beleaguered Vale.

The partnership with the online grocery sales specialist provides Coles access to state-of-the-art end-to-end online technology and increases the pressure on Woolworths.

This earnings season set a record for dividends and distributions and company results met largely watered down expectations.

Steady cash flows and dividends expected, but competition keeps Australia's number 2 supermarket on its toes.

Global trade tensions and their far-reaching implications have the potential to trigger a global economic recession within the next two years.