2 Growth Stocks to Buy and Hold Forever
When considering stocks to hold forever, focusing on growth is important, but it's equally important to understand the strengths of a company that will keep it around for decades.
The following two companies have a long record of double-digit growth that ultimately stems from a massive installed base of users relying on these companies for essential daily services.
Share prices of (NASDAQ: GOOG) (NASDAQ: GOOGL) are up 162% over the last five years, soundly beating the average return of the major indexes. The company's lead in digital advertising, which is how it makes most of its money, has driven high double-digit growth in revenue, earnings per share, and free cash flow over the last 10 years.
Source Fool.com
Alphabet Inc. A Stock
€149.14
0.280%
The stock is an absolute favorite of our community with 94 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a positive potential of 20.02% compared to the current price of 149.14 € for Alphabet Inc. A.
