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Stock Strategist

Seven New Wide-Moat Firms

These companies have strong, sustainable competitive advantages.

Mentioned: , , , , , ,

Over the past few months, our staff of analysts has initiated coverage on many companies not previously covered by Morningstar. In addition, we've fine-tuned our economic-moat ratings for some companies previously rated as narrow moat, upgrading a few of these to wide-moat status.

We’re always on the lookout for new companies with wide economic moats because these companies generate economic profits year after year. As such, their intrinsic values rise over time--they’re "compounding machines."

Mark Sellers does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.