10 Wide Moat Stocks of the Year
Do any of 2019’s top performers have gas left in the tank for 2020?
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Mentioned: MercadoLibre Inc (MELI)
, MSCI Inc (MSCI)
, LVMH Moet Hennessy Louis Vuitton SE (LVMHF)
, Veeva Systems Inc (VEEV)
, Ferrari NV (RACE)
, CoStar Group Inc (CSGP)
, Applied Materials Inc (AMAT)
, Moody's Corporation (MCO)
, Tiffany & Co (TIF)
, S&P Global Inc (SPGI)
It’s been a good year for high-quality stocks: The Morningstar Wide Moat Focus Index is up 32.60% for the year to date as of this writing, about 4 percentage points ahead of the S&P 500.
Given that performance, we decided to examine the best-performing wide-moat stocks of 2019 (as of Dec. 10) that our analysts cover. We’ve excluded Tiffany (TIF) (which is up nearly 68% as of this writing) from the list because it is being acquired by LVMH (LVMHF) by mid-2020.
Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.