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Where the Moats Are

These sectors are home to the greatest number of narrow- and wide-moat companies.

Karen Wallace, CFP®

Nov 30, 2017

Mentioned: Meta Platforms Inc (FB) , Norwegian Cruise Line Holdings Ltd (NCLH) , Janus Henderson Group PLC (JHG) , Autodesk Inc (ADSK) , Carnival Corp (CCL) , Adobe Inc (ADBE) , 3M Co (MMM) , General Dynamics Corp (GD) , Las Vegas Sands Corp (LVS) , Alphabet Inc (GOOGL)

We recently examined our equity coverage to see which sectors have the greatest concentrations of companies with wide and narrow moats.

I often talk about moats in this column, so forgive me if I sound like a broken record. For those of you who aren't familiar, the idea of an economic moat refers to how likely a company is to keep competitors at bay for an extended period.

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

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