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Morningstar Minute: 3 Pillars to Express Scripts' Wide Moat

Pharmacy benefits manager Express Scripts is attractively priced given its ability to fend off competitors for years to come.

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Vishnu Lekraj: We're going to talk about Express Scripts, that's ticker ESRX. What this company does, is it processes or adjudicates pharmacy claims for health-care plans for employers that provide a drug benefit to their members or to their employees. It's a very wide-moat firm.

Vishnu Lekraj does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.