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Wide-Moat Stocks

These are the highest-quality companies we cover.

What are the traits of a great company? High growth? Good management? Popular products? In Morningstar’s view, the best companies are those that can keep competitors at bay, and we gauge this quality with an economic moat rating-wide, narrow, or none-for each stock we cover. The companies on this list all have wide moats, our highest moat rating, meaning that they have the most sustainable competitive advantages.

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Name	Ticker	Market Return 1 Year	Market Return 3 Year	Market Return 5 Year	Morningstar Rating for Stocks	Economic Moat	Price/Fair Value

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List Criteria

Wide-Moat Stocks

Morningstar’s ratings for economic moat capture how likely a company is to keep competitors at bay for an extended period. One of the keys to finding superior long-term investments is buying companies that will be able to stay one step ahead of their competitors. Morningstar captures this attribute with the economic moat rating, which will be either wide, narrow, or none for stocks under coverage.

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