Four wide-moat stocks on sale

These companies have sustainable competitive advantage and are currently priced well below their fair value.

Vikram Barhat 28 March, 2018 | 5:00PM
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Investors are wading through a world of growing uncertainties. From President Donald Trump's trade policies to conflict in the Middle East, frequent flare ups between the U.S. and North Korea and rising interest rates, there is a veritable suite of macroeconomic shocks that are taking turns to roil equity markets around the world.

While market gyrations create new investing opportunities, they also tend to push skittish investors to the sidelines. It is in times like these that stock selection becomes a crucial art. However, finding the right stocks after a tsunami of sell-off takes more than just buying the dips, because not all stocks that appear cheap are great picks.

No doubt, valuation is a key part of stock selection, but those looking for sustained long-term growth through ups and downs of capital markets must find companies that have differentiated product offerings, a nimble business model and the ability to compete in a crowded market.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Alibaba Group Holding Ltd ADR225.31 USD-0.49Rating
Baidu Inc ADR191.55 USD-0.41Rating
L Brands Inc67.29 USD2.05Rating
Microchip Technology Inc149.75 USD2.21Rating
Tencent Holdings Ltd ADR78.18 USD-0.23Rating

About Author

Vikram Barhat

Vikram Barhat  Vikram Barhat is a Toronto-based financial writer specializing in investing, stock markets, personal finance and other areas of the financial services industry. He also writes for CNBC, BBC, The Globe and Mail, and Toronto Star.

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