2 Stocks Worth Holding Forever
The best investing rewards come from holding your stocks over the long term and watching those businesses grow over time. That said, it's not easy to identify such winning businesses, as many companies may stumble and fall when challenges surface. The COVID-19 pandemic is one such crisis that has tested a wide swath of businesses and severely disrupted a range of sectors.
Two important qualities that I look for in strong businesses are the ability to adapt to crises and the presence of a strategic plan to grow the business over years. The former trait puts the business in good position to withstand acute pressure while taking market share from weaker competitors, while the latter provides a clear roadmap for the company to grow both its revenue and net income. These qualities will enable the business to prosper over time, leading to a higher share price and, often, increasing dividends.
Here are two stocks with those characteristics that I would consider holding forever.
Source Fool.com
