In the meantime, some savvy market analysts have come up with strategies to find winners in the currently tough market environment. “Four of the 10 cheapest stocks in the Morningstar Wide Moat Focus Index are currently among our analysts’ highest-conviction picks,” said Wallace. Currently trading at $105 a share, Disney is trading at around a 20% discount to Morningstar’s fair value estimate. Allergan, a specialty pharmaceutical company, owes its wide moat to an industry-leading portfolio of opthalmology and aesthetics, according to Wallace. Currently trading at around $63 a share, the stock is trading at about 24% below Morningstar analysts’ fair value estimate.

Source: Forbes July 05, 2017 23:03 UTC