2 Stocks to Hold for the Next 20 Years
When looking at stocks to hold for the long haul, it is important to consider a company's long-term history and ask if it has any competitive advantages that give it staying power. A durable competitive advantage is one that isn't easily duplicated.
Often these companies operate in industries where there are huge barriers to entry. These type of stocks are the stalwarts of a portfolio, where they throw off income and consistently earn a decent profit. Here are two companies that fit the bill.
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Source Fool.com