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Morningstar Launches StockInvestor(SM) App for iPad®, Providing Mobile Access to Exclusive Investment Strategies and Select Stock Research and Data

CHICAGO, Dec. 4, 2012 /PRNewswire/ -- Morningstar, Inc., (NASDAQ: MORN), a leading provider of independent investment research, today announced the launch of Morningstar® StockInvestorSM App for iPad®, a mobile, interactive version of its popular newsletter for equity investors, now available from the Newsstand on the App StoreSM.

Morningstar StockInvestor features exclusive recommendations and market insights—focused on companies with established competitive advantages that are trading at a discount—from Morningstar's chief equities strategist and editor Paul Larson.  The new app connects the publication's actionable investment strategies to current stock data and selected analyst reports. Readers can simply tap a stock name or symbol with their finger anywhere in the app to pull up the stock's latest research data and better support an investing decision.  

"StockInvestor for iPad helps investors access our market-tested investing ideas, thought-provoking articles, and timely stock data in an entirely new way," Mike Barad, director of mobile strategy for Morningstar, said. "By adding the interactive elements of the iPad, StockInvestor subscribers now have on-the-go access to expert ideas that can be implemented in their own portfolios."

Other features of the app combine the newsletter's strategic commentary and wide-moat investing concepts — which help forecast how likely a company is to keep competitors at bay for an extended period—with the dynamic user experience of the iPad.  Readers can bookmark and organize their favorite articles, flip through equity charts, graphs and tables, receive timely alerts of trades in Morningstar's Tortoise and Hare real-money model portfolios, and access full Morningstar analyst reports for the stocks in those portfolios as well as Larson's custom wide-moat stock watchlist. Readers can quickly share articles via Facebook and Twitter. The app also contains an issue archive searchable by topic, stock ticker, or company name. Tapping the alerts icon at the bottom of the screen pulls up a summary of any new updates, trades, or alerts posted since the reader last logged into the app.

Additionally, a free digital investing guidebook, Buying Core Stocks the Morningstar StockInvestor Way, comes with every app download to provide an inside glimpse at how Morningstar analysts value a stock.

The StockInvestor App for iPad is available for free from the Newsstand section on the App Store on iPad or at http://www.itunes.com/appstore. Current subscribers to StockInvestor can access the iPad edition for free. Non-newsletter subscribers can take advantage of a 30-day free trial and purchase a monthly subscription for $9.99 through In-App Purchase.

More information about StockInvestor for iPad is here: http://msi.morningstar.com/mobile.aspx.

About Morningstar, Inc.

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has approximately $195 billion in assets under advisement and management as of Sept. 30, 2012. The company has operations in 27 countries.

©2012 Morningstar, Inc. All rights reserved.

Apple, the Apple logo, iPad, iPhone, and iPod touch are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.

MORN-P

Media Contact:
Shawn Malayter 312-696-6050, shawn.malayter@morningstar.com

SOURCE Morningstar, Inc.

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