2 Growth Stocks to Buy and Hold Forever
There are advantages to choosing stocks that you can hold forever. First, it forces you to look past a company's recent growth and stock performance and look at the deeper qualities that will keep the business humming along for decades.
When you own a company that can grow for a long time, it means you can park your money in the stock and let it grow in value for potentially decades without interrupting your returns by selling and paying taxes on capital gains.
Shopify (NYSE: SHOP) and Etsy (NASDAQ: ETSY) are two market leaders that fit the bill. E-commerce isn't going to stop growing just because of temporary setbacks in the broader economic environment. Here's why these two companies are well positioned to deliver returns to long-term investors.
Source Fool.com
