VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Monday, December 29, 2025
Stock Comparison
Fortinet, Inc. vs MercadoLibre, Inc.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Fortinet, Inc.
FTNT · NASDAQ
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Fortinet, Inc.'s moat claims, evidence, and risks.
View FTNT analysisMercadoLibre, Inc.
MELI · NASDAQ
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into MercadoLibre, Inc.'s moat claims, evidence, and risks.
View MELI analysisComparison highlights
- Moat score gap: Fortinet, Inc. leads (84 / 100 vs 73 / 100 for MercadoLibre, Inc.).
- Segment focus: Fortinet, Inc. has 2 segments (68% in Subscriptions & Support Services); MercadoLibre, Inc. has 2 segments (58.5% in Commerce (Marketplace, logistics, ads, classifieds)).
- Primary market structure: Quasi-Monopoly vs Oligopoly. Pricing power: Strong vs Moderate.
- Moat breadth: Fortinet, Inc. has 7 moat types across 3 domains; MercadoLibre, Inc. has 6 across 4.
Primary market context
Fortinet, Inc.
Subscriptions & Support Services
Cybersecurity subscriptions and technical support for Fortinet installed base (FortiGuard + FortiCare)
Global
Installed-base enterprises and channel partners
Vendor (subscription/support services)
68%
MercadoLibre, Inc.
Commerce (Marketplace, logistics, ads, classifieds)
Latin American e-commerce marketplace and commerce services (online marketplace, 1P retail, fulfillment/logistics, advertising)
Latin America (Brazil, Mexico, Argentina and other countries)
Consumers (buyers) and merchants/brands (sellers), including MSMEs
Marketplace operator + retailer + logistics orchestrator
58.5%
Side-by-side metrics
Moat coverage
Shared moat types
Fortinet, Inc. strengths
MercadoLibre, Inc. strengths
Segment mix
Fortinet, Inc. segments
Full profile >Secure Networking Products
Oligopoly
Subscriptions & Support Services
Quasi-Monopoly
MercadoLibre, Inc. segments
Full profile >Commerce (Marketplace, logistics, ads, classifieds)
Oligopoly
Fintech (Mercado Pago & credit)
Competitive
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View the moat stocks listCuration & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.