2 Growth Stocks To Buy and Hold Forever
It's always thrilling to find a stock spring-loaded for a quick gain. I can't promise exactly when, but by golly, this stock is undervalued for all the wrong reasons and ready to run as soon as the market makers realize what they've been missing. You know?
But some of these potential jumps may be short-lived. Perhaps that magical growth catalyst is a one-time event, never to be repeated, that won't leave any lasting benefits for the target company. And it's not easy to pin down the best time to sell these gadfly rocket ships. Miss the peak by a day or two, and your coveted win may evaporate before you cash in the winning chips. Nailing the top of a temporary spike is pretty much impossible -- just ask master investor Warren Buffett.
So what I really want to find on my daily treks through Wall Street is a stock that looks ready to deliver robust price gains -- with staying power for the long haul. I don't even care if the next big jump is coming next week or two years from now, as long as I can be reasonably sure that the shares should gain value over time.
Source Fool.com
