Part 4/11:
In this nuanced landscape, we can identify three large-cap financial stocks that have notably outperformed their peers in 2018: Morningstar (MORN), Credit Acceptance Corporation (CAC), and SVB Financial Group (SIVB).
Morningstar Inc. (MORN): A Data-Driven Giant
Often associated with mutual fund ratings, Morningstar has risen as a surprising top performer in the financial sector. Its main revenue streams come from licensing its investment research and managing assets through its proprietary investment products. For 2018, the data-driven nature of financial decision-making has played into Morningstar's favor, showcased by a 10% year-over-year rise in licensing revenues.