Equity Analyst, Industrials
Morningstar, Inc. | |
United States, Illinois, Chicago | |
22 West Washington Street (Show on map) | |
Sep 22, 2024 | |
The Group Morningstar's Research group provides impartial ratings on stocks, funds, markets, and portfolios. Morningstar is one of the largest independent sources of fund, equity, and credit data and research in the world, and our advocacy for investors' interests is the foundation of our company. We believe that our researchers are among the most respected in the industry, and that we offer original, influential, thoughtful, and unbiased research. We offer stimulating career paths and the opportunity to work alongside talented and collaborative teammates. The Role Our Equity Research team is looking for an Equity Analyst to cover a group of approximately 20 industrials stocks, primarily focusing on a select group of heavy equipment and industrial distribution companies. Examples of stocks that may be covered include, Caterpillar, Deere & Company, Cummins, W.W. Grainger, and Fastenal. The candidate will have considerable freedom to pursue in-depth and original research, but should be comfortable utilizing a long-term, fundamental approach based on bottom-up, intrinsic valuation. The candidate will identify the drivers of a firm's value and be prepared to discuss how our views may differ from those of the market. Our methodology focuses on durable competitive advantage or "moats," and the candidate should be able identify the presence of any moats for covered companies. Ultimately, our research should help our clients reach better investment conclusions and empower their success. This is a research and client-facing role based out of our Chicago office, but with flexible work arrangements. Expectations or Goals
Qualifications
Please submit a resume, cover letter, and prior investment recommendation with your application materials. Candidates also have the option to submit a response to the diversity statement below. "Morningstar's Equity Research department deeply values diversity. We believe it results in better investment outcomes for our clients and a more inclusive professional environment. Diversity presents itself in many forms, including different worldviews and values, life experiences, cultural and educational backgrounds, socioeconomic status, professional experience, skills and specializations, and different styles of working and thinking. We invite you to tell us how you would contribute to improve diversity in the department and across Morningstar, more broadly." Submitting this statement is optional for all applicants. Please kindly limit your responses to 500 words or less. 036_MstarResearchLLC Morningstar Research Services LLC Legal EntityMorningstar's hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. We've found that we're at our best when we're purposely together on a regular basis, at least three days each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues. |