3 Stocks With Dominating Business Advantages

If you are a long-term, buy-and-hold investor, there's nothing more important to analyze than the sustainable business advantage -- or "moat" -- of the company you are investing in.

Of course, there's a time and place for looking at the balance sheet and analyzing cash flow. But without a reliable moat, no company can weather the effects of competition and commoditization.

These companies crush potential competition. Image source: Getty Images.

Source: Fool.com