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Stock Strategist

Cigarettes, Booze, Gambling...and Economic Moats

Sin stocks boast some of the widest economic moats on the planet.

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Cigarettes. Booze. Gambling. Rock and roll. Wide economic moats.

Which of these terms is out of place?

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Matthew Reilly does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.