June 24, 2013 at 17:45 PM EDT
Morningstar Holds Gains Bullishly After Solid Breakout
Weakness in the broad market again Monday made for a scant number of new highs, but a few names made the list. After a recent cup-with-handle breakout, Morningstar (MORN) fell 0.33 to 74.77. When the market's in a correction, breakouts normally don't have a chance. But Morningstar is holding up nicely. The stock is trading tightly after a recent cup-with-handle breakout over 71.27. The provider of investment research to retail and institutional
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