2 Steady Stocks to Buy and Hold Forever
There is nothing like a bear market to emphasize the importance of investing in solid, reliable, and steady companies that can deliver consistent revenue and earnings for a long time. And if last year's downturn wasn't enough, a certain bank's recent, high-profile collapse must have done the trick for some investors.
Quite a few corporations out there have the tools to survive and even thrive over long periods. Two such companies are AstraZeneca (NASDAQ: AZN) and Visa (NYSE: V).
U.K.-based AstraZeneca is a drugmaker with a vast, diversified portfolio of over three-dozen products across six major segments. Last year, the company had 14 blockbuster medicines that generated more than $1 billion in sales. While AstraZeneca's oncology segment is its most important in terms of sales, the company's broad lineup allows it not to be too dependent on any single product or unit.
Source Fool.com
