“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:

1.     Intangible Assets
2.     Customer Switching Costs
3.     The Network Effect
4.     Cost Advantages

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.

Call Successful Portfolios at (727) 744-3614 for free consultation about investing in wide moat stocks.