This document lists the top 10 high-conviction stock picks of Morningstar analysts in the 3rd quarter of 2014. It provides details on each stock such as its fair value, moat rating, moat trend, Morningstar rating and number of funds buying the stock. The top pick was eBay, which has a wide moat, positive moat trend and is held by 4 funds.

1. Morningstars Ultimate Stock-Pickers
Top 10 High-Conviction aandelenbeleggingen in 3de kwartaal 2014
Bron: Morningstar 18/11/2014

2. 10. Goldman Sachs – GS
Fair Value USD 167,00 Fair value uncertainty High
Moat Narrow Moat Trend Stable
Bron: Morningstar 14/11/2014
Morningstar Rating
QQQ
# Funds Buying
1

3. 9. Michael Kors – KORS
Fair Value - Fair value uncertainty
-
Moat
-
Moat Trend
-
Bron: Morningstar 14/11/2014
Morningstar Rating - # Funds Buying 1

4. 8. Hershey – HSY
Fair Value USD 88,00 Fair value uncertainty
Medium
Moat
Wide
Moat Trend
Negative
Bron: Morningstar 14/11/2014
Morningstar Rating
QQQ
# Funds Buying
1

5. 7. Perrigo – PRGO
Fair Value USD 120,00 Fair value uncertainty Medium
Moat Narrow Moat Trend Stable
Bron: Morningstar 14/11/2014
Morningstar Rating
QQ
# Funds Buying
1

6. 6. Oracle – ORCL
Fair Value USD 42,00 Fair value uncertainty
Medium
Moat
Wide
Moat Trend
Stable
Bron: Morningstar 14/11/2014
Morningstar Rating QQQ # Funds Buying 1

7. 5. Honeywell – HON
Fair Value USD 105,00 Fair value uncertainty Medium
Moat
Narrow
Moat Trend
Stable
Bron: Morningstar 14/11/2014
Morningstar Rating
QQQ
# Funds Buying
1

8. 4. Accenture – ACN
Fair Value USD 81,00 Fair value uncertainty
Medium
Moat Wide Moat Trend Stable
Bron: Morningstar 14/11/2014
Morningstar Rating QQQ # Funds Buying 2

9. 3. Glencore – GLEN
Fair Value GBX 220,00 Fair value uncertainty
High
Moat
None
Moat Trend
Stable
Bron: Morningstar 14/11/2014
Morningstar Rating
QQ
# Funds Buying
2

10. 2. Comcast – CMCSA
Fair Value USD 45,00 Fair value uncertainty Medium
Moat Wide Moat Trend Negative
Bron: Morningstar 14/11/2014
Morningstar Rating
QQ
# Funds Buying
2

11. 1. eBay – EBAY
Fair Value USD 63,00 Fair value uncertainty
High
Moat
Wide
Moat Trend
Positive
Bron: Morningstar 14/11/2014
Morningstar Rating QQQ # Funds Buying 4

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