stock-moat

name	stock-moat
description	Competitive moat analysis for a stock. Use when the user asks about competitive advantage, moat, defensibility, pricing power, or how a company protects its market position.

Deep moat analysis using the Morningstar 5-source framework:

1. COST ADVANTAGE — can they produce cheaper than competitors? Sustainable?
2. SWITCHING COSTS — what does it cost a customer to leave? Cite evidence (churn rates, contract lengths)
3. NETWORK EFFECTS — does the product get better as more people use it? Direct or indirect?
4. INTANGIBLE ASSETS — patents, brands, licenses, regulatory approvals
5. EFFICIENT SCALE — do they operate in a market where a second competitor can't earn returns?

Then: who is the most credible threat to each source of moat and what's their progress?

Moat rating: Wide / Narrow / None Time horizon of moat: 5yr / 10yr / 20yr+