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Exponent

  1. Seeking Small-Cap Moats: Winmark

    This intriguing retail franchising and equipment rental company finds its niche.

  2. Seeking Small-Cap Moats: Exponent

    This firm has carved out a profitable niche in the engineering and scientific consulting industry, says Morningstar’s Todd Wenning.

  3. Seeking Small-Cap Moats: Douglas Dynamics

    This snowplow manufacturer shows pricing power indicative of a narrow moat, and a warmer winter might melt investors' high expectations and create an entry point into this stock.

  4. Seeking Small-Cap Moats: WD-40 Company

    WD-40 is one of the highest-quality companies in the small-cap universe, says Morningstar’s Todd Wenning.

  5. Seeking Small-Cap Moats: Raven Industries

    Fight big-city bias and find a hidden gem.

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