Morningstar Launches New Benchmark and Expands with CRSP Acquisition

Core Insights - Morningstar, Inc. (NASDAQ:MORN) is identified as one of the 12 High-Risk High-Reward Growth Stocks to consider for investment [1] - The company reported a revenue increase of 5.8% year-over-year to $605.1 million in Q2 2025, driven by strong performance from its PitchBook and Morningstar Direct platforms [2] - Morningstar launched the Morningstar PitchBook US Modern Market 100 Index, the first index to track both public and private market companies, enhancing its position in investment research [3] - The company announced the acquisition of the Center for Research in Security Prices (CRSP) for $375 million, gaining access to CRSP Market Indexes that benchmark over $3 trillion in U.S. equities [3] - Despite a beta of 1.01 indicating market sensitivity, the consensus upside potential for Morningstar is 37.07%, making it a strong growth stock contender [4] - Morningstar, founded in 1984 and based in Illinois, provides a wide range of investment research and management services, becoming a key source of independent analysis for various investors [5]