Morningstar is a global investment research firm that provides data and analysis on various investment products, including mutual funds, stocks, and exchange-traded funds (ETFs). Founded in 1984, it aims to help investors make informed decisions by offering comprehensive ratings, reports, and tools. The company is well-known for its star rating system, which evaluates mutual funds based on past performance and risk. Morningstar also offers investment management services and educational resources, making it a valuable resource for both individual and institutional investors seeking to enhance their investment strategies.