10 Wide Moat Stocks of the Year
Do any of 2019’s top performers have gas left in the tank for 2020?
It’s been a good year for high-quality stocks: The Morningstar Wide Moat Focus Index is up 32.60% for the year to date as of this writing, about 4 percentage points ahead of the S&P 500.
Given that performance, we decided to examine the best-performing wide-moat stocks of 2019 (as of Dec. 10) that our analysts cover. We’ve excluded Tiffany (TIF) (which is up nearly 68% as of this writing) from the list because it is being acquired by LVMH (LVMHF) by mid-2020.
Susan Dziubinski does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.