2 Magnificent Stocks with Huge Moats
The best companies have durable competitive advantages. They're hard to disrupt, in other words. While the price you pay certainty matters, investing in companies with a clear and persistent edge will give you a good chance of beating the market over the long run.
Two companies that are truly special are Walt Disney (NYSE: DIS) and Costco (NASDAQ: COST).
There's no question that Disney is going through a bit of a rough patch. An abrupt management change last November put former CEO Bob Iger back at the helm. Iger is tasked with turning the company around and restoring its profitability.
Source Fool.com