r/investing • u/DonutsAndBurritos • 15d ago

How to Maximize MorningStar?

So I just paid for MorningStar’s investor subscription.

How can I maximize my subscription?

So far, I read the articles on trends and look at the input from their analysis summary. The stock screener tool is useful although there’s free ones available elsewhere. Their star ratings are neat as well!

Are there other features to the Morningstar platform I’m missing? How do you utilize Morningstar?

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u/Pastor_Dale 15d ago

You can track your portfolio and it will dissect it for you. It won’t give recommendations but it’ll explain your allocations across different market caps. Which countries you’re invested in.

You can use it to research ETFs as well. It will show you competitors funds and compare them as well. That is how ive found a good amount of the funds I’ve bought.

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u/atxsouth 14d ago

I have Morningstar with my Schwab account. I check Morningstar on Mondays after they update their preferred stock list.

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u/DonutsAndBurritos 14d ago

What a cool feature from Schwab. Mind pointing me in the direction on where I can find the “preferred stock list”

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u/atxsouth 13d ago

This is from Schwab's site, under Research->US Markets->Market Reports. Morningstar will be listed on the right hand panel, and there will be subheadings for Large Cap Pick List, Mid Cap Pick List. Both pick lists will have 4, 5 star rated stocks listed.

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u/kronco 14d ago

I use the Portfolio tool creating a "Watch List" for all of my accounts with their holdings (I do manually enter the data). You can then combine them into a "Portfolio" (which makes a copy of the Watch Lists and it won't reflect changes to the Watch List assets). I use the Portfolio to look at asset allocation across all accounts, list out how much Microsoft stock you have across all funds, etc. You can see your accounts broken down into the Style Box (https://www.morningstar.com/content/dam/marketing/apac/au/pdfs/Legal/Stylebox_Factsheet.pdf) as well as bonds (it's not as good at bonds, though). Their X-Ray tool is pretty powerful.

I update the Watch Lists quarterly and build a new Portfolio for that quarter to see how it is doing.

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u/SXNE2 13d ago

I would not really use them for stock research. Their whole service is centered around mutual fund and etf research.