What are the traits of a great company? High growth? Good management? Popular products?
In our 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 (they should last 20 years or more).
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Name
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Ticker
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Morningstar Rating
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Price/Fair Value Ratio
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YTD Return
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Sector
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| Criteria | Description |
|---|---|
| Wide Moat Stocks | Morningstar's ratings for economic moat (a term originally coined by Warren Buffett) 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, and it's this characteristic--think of it as the strength and sustainability of a firm's competitive advantage--that Morningstar is trying to capture with the economic moat rating, which will be either wide, narrow, or none for stocks under coverage. |
Companies dig their own competitive moats. Learn who has the widest.
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