Industry leader may be defined in several ways. Most often it is the company in a sector or business line with the highest sales, highest market share, or highest profits. But it can also be a technology leader who sets the standard for new products or the player with the most visible public image. Individual executives like Warren Buffett are examples who may be known personally better than their companies.
In most sectors, business will support a handfull of leaders who can offer a broad line addressing all market segments. Others may succeed as niche players offering products or services specially adapted to a limited range of customers.
Related Fool Articles
Recent Mentions on Fool.com
- 3 Reasons Why Whole Foods Market Remains a Fantastic Long-Term Investment
- 2 Communication Equipment Dividends You Can Buy Right Now and 1 to Avoid
- 3 Stocks Income Investors Should Be Buying Today
- Pall Corp.: Why You Should Invest In This Recession-Proof Industrial Supplier
- 3 Reasons to Invest in This Auto Infotainment Market Leader
- What Happens to Best Buy If RadioShack Goes Under?