5 Best Wide Moat Stocks to Buy According to Wall Street Analysts

2. LPL Financial Holdings Inc. (NASDAQ:LPLA)

Average Upside Potential: ~47.3%

Number of Hedge Fund Holders: 50

LPL Financial Holdings Inc. (NASDAQ:LPLA) is one of the Best Wide Moat Stocks to Buy According to Wall Street Analysts. On May 21, the company released its monthly activity report for April 2026, with total client assets at the end of the month coming at $2.48 trillion, up by $141.4 billion, or 6.1%, relative to March end.

The Advisory assets as a percentage of total assets saw an increase to 59.8% from 54.7% a year ago. LPL Financial Holdings Inc. (NASDAQ:LPLA) announced that its total organic net new assets for April 2026 amounted to $3.1 billion, equating to the 1.6% annualized growth rate.

In a different update, the company announced its Q1 2026 results, with net income coming at $356 million, or $4.43 per share. Talking about the acquisition of Commonwealth, the transaction is progressing well, and the company remains on track to onboard in Q4. Coming to financials, accounting for the market-driven decline in Q1 assets, it now expects run-rate EBITDA of ~$410 million after the full integration.

LPL Financial Holdings Inc. (NASDAQ:LPLA) is engaged in offering an integrated platform of brokerage and investment advisory services to independent financial advisors as well as financial advisors at institutions.