2 Smart Stocks to Buy Now and Hold Forever
It's easy to overlook the importance of a diversified portfolio, but holding a minimum of 25 high-quality stocks can help shield your total returns from volatility. However, diversity isn't just about the number of stocks you own; it's also helpful to spread your investment dollars across a range of different industries. In doing so, you decouple the performance of your portfolio from any specific sector.
With that in mind, these companies operate in very different industries, but both have built durable moats around their businesses. Here's why Lowe's (NYSE: LOW) and Salesforce.com (NYSE: CRM) look like smart long-term investments.
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Source Fool.com