Morningstar: three fantastic foreign stocks

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'Limiting your search for investments to U.S. companies limits your opportunity set,' wrote Morningstar's Susan Dziubinski.

So now might be a time to consider overseas stocks, though perhaps not to buy them immediately given market fragility.

Here’s the terrific troika. “These stocks are good choices for investors who want exposure to non-U.S. companies with solid competitive advantages at a cheap price,” Dziubinski said.Morningstar analyst Ivan Su was impressed with Tencent's Digital Ecosystem Summit last month. It Morningstar moat rating: wide. Morningstar fair value estimate: $22.50. Thursday price quote: $11.20.

Indeed, “we are increasingly optimistic that Anderson will increase the speed of development and execution that Bayer needs to accelerate innovation, especially in the drug business.”Morningstar moat rating: narrow. Morningstar fair value estimate: $30. Thursday price quote: $15.35.

 

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