Although inflation has ticked up from 2013 levels, it remains below its historical average and a long way from a worrisome level, says Morningstar's Bob Johnson.
CEOs from three moat-worthy firms are in the running for this year's award.
In a sector where manager skill is critical, Costco CEO Jim Sinegal has added tremendous value for his employees, customers, and shareholders.
These three exemplary managers have widened their firms' economic moats and created real value for shareholders over the years.
Challenges from Canadian operations and data breach await him.
We believe that even as a REIT, the company's narrow economic moat remains in storage.
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