Morningstar Unveils Android Application

Morningstar has launched its latest free mobile application for Android smartphones that aims to help investors track their portfolios and monitor the markets.

The Android app also shares the major features of other mobile applications, including investing ideas, company information and tickers, a quick search function, and the ability to view Morningstar’s ratings for stocks and funds, according to a press release.

Users can view performance charts for stocks, funds, exchange-traded funds and indexes; access the Morningstar Market Barometerand data on each of the Morningstar fund categories; and track securities from global markets with listings of gainers, losers and most active.

Additionally, the release said, users may sync, create, and edit their portfolios and watch lists, and research both U.S. and Canadian securities and Asian and European indexes. premium subscribers can access Morningstar’s independent analyst research reports through a subscriber log-in portal.

Morningstar said it expects to release an Apple iPad application during the first half of 2011.