7 Additions to the Morningstar Wide Moat Focus Index
These high-quality names look relatively cheap today.
While market sell-offs can make investors nervous, they can also provide opportunities to buy stocks at low prices. When deciding on what ideas to investigate further, you might consider the March 2020 additions to the Morningstar Wide Moat Focus Index. Let's take a closer look.
What to Know About Companies in the Morningstar Wide Moat Focus Index
To be considered for inclusion in the Morningstar Wide Moat Focus Index, a company must have a Morningstar Economic Moat Rating of wide, which means our equity research team believes the company has advantages that will help fend off competitors for at least 20 years. If a company is profitable, competitors will emerge that want a piece of this success; we believe wide-moat companies are high-quality businesses that can hold these competitors at bay and earn above-average returns over long periods of time.
Michael Schramm does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.