Definition: Morningstar is an independent research provider for individual investors and financial advisors. The company provides research primarily on stocks and mutual funds.
Advice: Morningstar is a highly-regarded company that rates stocks and mutual funds for investors. The company is largely known for its popular "star" rating system.
Highly rated mutual funds are those thought to provide investors with high, risk-adjusted returns. Highly rated stocks are those that are trading significantly below their "fair value", as estimated by the company.