Very few companies have a true moat around there business. In most cases, a rival can find a way to beat its prices, match any services it offers, and compete in unexpected ways. Costco  (COST)  does not have a unique business as Sam's Club and BJ's Wholesale operate under the same model, but it does have a moat. Once members are in, they're very likely to stay members and, if there's some sort of drop in renewals, the chain usually sees that a year out, giving it time to adjust its strategies. It's not ...

Value is what an investor gets, and price is what that investor pays for an underlying asset or investment. When it comes to the stock market, prices are floated around every single day, yet only the best investors know which price range is worth considering as long as they understand the company’s current fair valuation. Taiwan Semiconductor Manufacturing TodayTSMTaiwan Semiconductor Manufacturing$176.36 +2.27 (+1.30%) 52-Week Range$125.78▼$226.40Dividend Yield1.22%P/E Ratio25.05Price Target$220.00Add to ...