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2 New Wide-Moat Stocks

Premium Exclusive: We recently boosted the economic moat rating for these two firms.

Susan Dziubinski
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No secret handshakes or outrageous membership fees here, yet the wide-moat stock club is pretty exclusive. In fact, less than one fifth of the U.S.-listed companies that Morningstar analysts cover earn economic moat ratings of wide.

What makes wide-moat companies elite? Their enduring competitive advantages. Our analysts calculate that these firms will out-earn their costs of capital and generate positive economic profits for the next 20 years.

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