We Visit Three Wide-Moat Companies
Our take on recent visits to Cintas, Iron Mountain, and Harley-Davidson.
Here at Morningstar, our team of 100-plus stock analysts spend a lot of time hitting the pavement to research further the companies that we cover. Below are notes and insights from three recent visits to firms we believe have wide economic moats. (All three companies are on our watch list of wide-moat firms inside our StockInvestor newsletter.)
Morningstar Rating: 3 Stars
Economic moat: Wide
Business risk: Average
From analyst Joel Bloomer: Recently I had the chance to spend a day with members of Cintas' CTAS management team and tour two facilities in the Cincinnati area. My primary goal was to gain a better understanding of the competitive advantages that contribute to Cintas' wide moat. Here's what I found.
Haywood Kelly, CFA does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.