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Barchart
Barchart
Anushka Mukherji

3 'Wide Moat' Tech Stocks to Buy and Hold

Alphabet Amazon Michael Hodel AWS Morningstar Alphabet Inc Amazon.com Inc. Google Meta

Investors’ enthusiasm for tech stocks has skyrocketed over the past year thanks to the tremendous buzz surrounding artificial intelligence (AI), pushing the broader market indexes to record highs in recent months. 

Joining investors’ enthusiasm, economic experts are also highly bullish on AI’s prospects, foreseeing it as potentially the most transformative development in economic history since the Industrial Revolution. With most companies rushing to capitalize on AI’s capabilities, identifying stocks with a sustainable competitive advantage, commonly known as a "moat," becomes essential. 

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