Companies on Morningstar’s List of Best Tech Stocks

With the S&P 500 having lost 20% year to date, you may be thinking now is a good time to snap up some stocks.

If so, you might have a look at Morningstar’s list of the “best stocks to own” in various industries. We’re focusing this story on technology stocks that appear on the roster.

So how does Morningstar define “best stocks”?

It’s companies with wide moats, which means a strong and sustainable edge over their competitors. “We’re confident that they will produce returns that outweigh their costs for the next 20 years or more,” Morningstar says.

Source: https://www.thestreet.com/investing/stocks/companies-on-morningstars-list-of-best-tech-stocks?puc=yahoo&cm_ven=YAHOO&yptr=yahoo