Bet On These 4 Blue-Chip Brands

One of the things that legendary investor Warren Buffett looks for in his stock picks is a "moat," or some quality or qualities that protect a company's business from encroaching competition. One of the most common, and lucrative, "moats" is a tremendous brand which is instantly recognizable and inspires consumer loyalty. Over the years, betting on great brands has paid big dividends for long-term investors. Below, Benzinga looks at 4 stocks that have tremendous brand value and are exhibiting strong momentum in the current environment.

McDonald's (NYSE: MCD) - This stock has been an incredible long-term performer and last year was no different. Over the last 52-weeks, shares are up 32%. The stock is also offering a very healthy 2.82% yield at current levels. McDonald's (MCD) is one of the world's most recognizable brands and its competitive moat is second to none. Shares are a little pricey, but over the long run this company should continue to generate wealth for its shareholders. MCD trades at a trailing P/E of 19.42, a forward P/E of 15.66, and a PEG ratio of 1.76 at current levels.

Nike (NYSE: NKE) - This company is in a sweet spot - its small enough to continue to post solid growth, while at the same time having a globally recognized, leading brand. Nike shares have appreciated more than 21% over the last year and remain in a strong long-term uptrend. The stock trades at a trailing P/E of 21.85, a forward P/E of 17.60, and a PEG ratio of 1.72. Shares yield 1.40% at current levels.

Macy's (NYSE: M) - This retailer is experiencing strong operational momentum in the current environment and the stock is up more than 40% over the last year. The company's iconic brand provides the business with a strong competitive moat and the future continues to look bright. The stock trades at a trailing P/E of 12.17, a forward P/E of 10.28 and a PEG ratio of 1.08. Macy's is currently yielding 2.30%.

Starbucks (NYSE: SBUX) - Another iconic global brand, Starbucks still has room to grow. Over the last year, SBUX shares have added 46% and are in a very strong uptrend. The stock trades at a trailing P/E of 29.91, a forward P/E of 21.73, and a PEG ratio of 1.46. SBUX shares are yielding 1.40% at current levels.