2 Stocks to Buy and Hold Until 2030
Investing is a long-term endeavor. The best time to buy a stock, assuming you're able and willing to hold that stock for years, is often when pessimism is running high. Turnarounds take time to play out, but they can pay off handsomely for investors with the patience to see things through.
Two stocks that look down and out right now but that have the potential to reward buy-and-hold investors are retailer (NYSE: TGT) and chip giant Intel (NASDAQ: INTC).
The pandemic's height was a period of rapid growth for retailer Target. The company, armed with a cadre of convenient same-day services including curbside pickup and delivery, was a magnet for consumers' dollars. Comparable sales soared 19.3% in 2020 and 12.7% in 2021 -- incredible numbers for a big-box retailer.
Source Fool.com
Target Corp. Stock
The stock is one of the favorites of our community with 48 Buy predictions and 1 Sell predictions.
As a result the target price of 170 € shows a positive potential of 23.56% compared to the current price of 137.58 € for Target Corp..
