One of the tenets of successful long-term investing is betting on companies that enjoy durable competitive advantages. These competitive advantages come in many forms, but the result is the same: An edge that allows the company to outpace the competition and potentially generate outsize profits.

Two companies that enjoy significant competitive advantages are Nvidia (NASDAQ: NVDA) and Unity (NYSE: U). Here's why these stocks should stand out to investors.

Graphics chip company Nvidia has run away with the market for AI accelerators. Its market share is estimated as high as 95% despite increasing competition from , Intel, and others. Nvidia's most powerful AI chips cost tens of thousands of dollars each, a price customers are happy to pay as they race to satisfy soaring demand for AI computing capacity.

Continue reading

Source Fool.com