Premium Article

5 of the Best Businesses to Own for the Long Haul

Susan Dziubinski

In our view, good businesses have competitive advantages. They're tough to beat whatever market they're in; they've carved out moats that should allow them to generate excess returns for the next decade.

Great businesses, meanwhile, have unassailable competitive advantages--they have wide moats that should allow them to generate excess returns for the next two decades.

Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar's editorial policies.