Health Care a Leader in Moat Stocks
The health-care sector has a higher volume of moat firms compared with other industries, and companies' patent and brand power deliver very strong returns on capital.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Our new book, Why Moats Matter, delves into finding companies with great competitive advantages. I'm here today with Damien Conover, our director of health-care research, to look at moats in the health-care space.
Damien, thanks for joining me.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.