“A “”wide moat”” is an investment metaphor for a defensible competitive advantage enjoyed by relatively few companies. The stock of a company possessing a wide economic moat has the potential to generate superior risk-adjusted returns for long-term investors. Morningstar research identifies four types of economic moats:
View a brief explanatory video. This excel worksheet lists over 100 different wide moat stocks. Included are many recognizable blue chips including Apple, Google, Johnson & Johnson, Proctor & Gamble, Caterpillar, Exxon, and McDonald’s. Many pay attractive dividend yields as shown in worksheet.