2 Stocks You Can Buy and Hold Forever
Investors like to own companies that offer strong assurance of growth and a good night's sleep. Those can be hard to come by, especially during times of economic stress. The COVID-19 pandemic has plunged the world into a sharp downturn while decimating demand for goods and services across a variety of industries such as airlines, cruise companies, and hotels.
This crisis has also shown how some businesses can cope better than others. With lockdowns and movement restrictions implemented in numerous countries, brick-and-mortar shops and malls suffered from plunging foot traffic. However, businesses with strong franchises, a digital presence, and adaptability to new trends ended up taking market share away from companies that floundered. These resilient businesses are the ones that will come out unscathed from the pandemic, or even grow stronger as a result of it.
Here are two such stocks that possess these attractive attributes. These are names you can plan to own for generations.
Source Fool.com
