2 Monster Stocks to Buy Without Any Hesitation
Monster stocks tend to tap into long-lived trends that support growth in their markets, and they typically do so using evergreen business models that don't change much over time. If you can pick up a few of these companies and hold on to their stock for long enough, your chances of getting richer increase. The longer you're willing to hold, the less short-term factors like valuation will matter, which makes it even easier to decide to invest today.
With that in mind, here are two monster growth stocks that are likely to keep performing strongly whether you're investing for three years or for 30 -- and both are ripe for purchase right now.
Without Steris, (NYSE: STE), you probably wouldn't find the cleanliness standards of your local hospital to be up to snuff, as it's one of the most crucial suppliers of sterilization products and services for the entire healthcare sector. It's a monster stock because its customers can't do much of anything they need to do without the company's products, and there aren't many substitutes for what it offers.
Source Fool.com
