2 Stocks I'm Never Selling
Never is a very long time, and things change -- but a whole lot would have to go wrong for me to sell my shares of Eaton (NYSE: ETN) or 3M (NYSE: MMM). In fact, a deep sell-off of either of these stocks by others might actually get me to buy more.
Here's why these industrial giants, which I bought when they were out of favor, are likely to remain in my portfolio through thick and thin.
I would be lying if I said I wasn't originally attracted to Eaton and 3M because of their dividend yields. Yield and stock price move in opposite directions, and I bought when each of these industrials was sporting a historically high yield. Put another way, I use yield as a rough gauge of valuation, and I bought in when Eaton and 3M looked historically cheap.
Source Fool.com
