The Best Company You've Never Heard Of
Wide-moat CoStar's dominance is only growing, and it's led by great management.
With no true competitive threats, wide-moat commercial real estate data provider CoStar Group is a borderline monopoly.
The other companies in the space are predominately small startups focused on crowdsourcing data. These companies can't replicate the intangible assets from the vast cost and effort associated with compiling the data the company offers to its customer base.
Michael Wong does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.