VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Thursday, January 8, 2026
Stock Comparison
Norfolk Southern Corporation vs Tradeweb Markets Inc.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Norfolk Southern Corporation
NSC · New York Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Norfolk Southern Corporation's moat claims, evidence, and risks.
View NSC analysisTradeweb Markets Inc.
TW · Nasdaq Global Select Market
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Tradeweb Markets Inc.'s moat claims, evidence, and risks.
View TW analysisComparison highlights
- Moat score: both at 70 / 100.
- Segment focus: Norfolk Southern Corporation has 3 segments (62% in Merchandise); Tradeweb Markets Inc. has 6 segments (52.4% in Rates).
- Moat breadth: Norfolk Southern Corporation has 4 moat types across 3 domains; Tradeweb Markets Inc. has 7 across 4.
Primary market context
Norfolk Southern Corporation
Merchandise
Eastern U.S. freight rail transportation for industrial & consumer goods
United States (Southeast/East/Midwest; NS network + interchanges)
Manufacturers, producers, and distributors
Rail carrier
62%
Tradeweb Markets Inc.
Rates
Electronic dealer-to-client and all-to-all trading in rates (government bonds, mortgages/TBA MBS, interest rate swaps)
Global
Institutional, wholesale dealers, and retail via ATS
Electronic marketplace / trading venue
52.4%
Side-by-side metrics
Moat coverage
Shared moat types
No overlap yet.
Norfolk Southern Corporation strengths
Tradeweb Markets Inc. strengths
Segment mix
Norfolk Southern Corporation segments
Full profile >Merchandise
Oligopoly
Intermodal
Oligopoly
Coal
Oligopoly
Tradeweb Markets Inc. segments
Full profile >Rates
Oligopoly
Credit
Oligopoly
Equities
Competitive
Money Markets
Oligopoly
Market Data
Competitive
Other
Competitive
Want the full wide moat stocks list?
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View the moat stocks listLooking for expansion-stage stocks?
Proven models entering the expansion stage with unit economics that work.
View expansion-stage stocksCuration & 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.