Investing in stocks? Look for these moats to pick long term winners
Synopsis
The moat is the advantage that one company enjoys over others, thus helping it to withstand competition and emerge a winner in the long term. ET Wealth explains how it works.
The Sensex and Nifty have hit all-time highs at a time the Covid crisis has diminished corporate earnings potentials. Now valuations are high, making investing in equities riskier than usual. However, you can minimise the risk by choosing companies that have economic moats in place. The moat is the advantage that one company enjoys over others, thus helping it to withstand competition and emerge a winner in the long term. ET Wealth explains how
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