Theoretically yes, but again there's no way of knowing where the yeast will stop. There's a tolerance for the yeast but that's a ballpark figure...using EC-1118 on a highly sweet must doesn't mean the fermentation is going to stop right when it reaaches 18% alcohol.
It is more than a theory, but a common practice.
Two popular styles of wine that actually do this are ice wine and late harvest wine.
For ice wine, the grapes are partially frozen. When the grapes are pressed, the ice crystals are csught and left behind in the press. The result is a grape juice with a lower amount of water and, thus, a much higher percentage of sugar.
For late harvest, the grapes are almost at the "raison" stage, having been dehydrated in the sun. This also result in a much higher sugar content.
Most yeast will ferment out up to 36% sugar (or 18% apv). You could very well raise the sugar percentage to above, say 40 to 50% and end up with a sweet wine without the use of sorbate. Of course, a lot depends on the type of yeast that you are using. As said before, ec-1118 is more of a champagne yeast and should be avioded in favor of a lower-producing yeast (say RC 212).
The downfall of all of this is that we are dealing with "upper limits" of what a yeast will do. Although you can be sure of haveing a rather strong, sweet wine in the end, the hard part is knowing exactly how much sugar you will end up with. So much depends on the specific envionment of your fermentation (temp, ph, neutraints in the juice, etc) that it is hard to predict exactly WHEN fermentation will stop. In other words, you can be assured of ending up with a sweet wine, but you will not know exactly HOW sweet.
johnT