These 2 Companies Have No Competition

These 2 Companies Have No Competition

Warren Buffett has long championed the idea of investing in companies with durable competitive advantages. He believes that a business with true "moat" can more easily defend its market share from competitors and generate strong returns for shareholders

But if investing a company with a strong moat is a great idea, wouldn't it be even better to buy one that has no direct competition at all? Let's take a closer look at two companies that are void of rivals right now: Novocure (NASDAQ: NVCR), and Acadia Pharmaceuticals (NASDAQ: ACAD).

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Source: Fool.com