9 New Stocks in the Wide Moat Focus
We take an in-depth look at the new constituents of Morningstar's Wide Moat Focus Index and highlight the stocks that are most attractive today.
In March, the Morningstar Wide Moat Focus Index swapped out nine stock positions.
To be included in the Wide Moat Focus strategy, a company must have an economic moat rating of wide (which means we think they have advantages that will fend off competitors for at least 20 years), and its shares must be among those trading at the steepest discount to their fair value estimates. (Our fair value estimates are determined through independent research by the Morningstar Equity Research team.) Only U.S. stocks are included in the index.
Karen Wallace does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.