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Wide-moat companies have historically been some of the best stocks to own in the FTSE 100 index. That’s because these companies are able to protect their market share and continually generate growth and profits.
The good news for investors is that there are a number of wide-moat businesses in the Footsie that offer value today. Here are three I believe are worth considering.
Global brands
Alcoholic beverage giant Diageo’s (LSE: DGE) moat comes from its brands, which include the likes of Johnnie Walker, Tanqueray, Smirnoff, and Guinness. These brands have all been around for decades and, as a result, they’re trusted – and repeatedly purchased – by consumers all over the world.
This has led to higher revenues and profits for Diageo over the years. It has also led to more than 20 consecutive dividend increases.
Diageo shares currently trade on a price-to-earnings…
