2 Stocks to Hold for the Next 20 Years
When it comes to finding companies to hold for the long term, investors need to take a cautious approach. Thinking about investments that can hold up for decades is way different than thinking in terms of days, weeks, and quarters. You need to ensure that you are buying companies that have what it takes to survive good times and bad.
Consumer products icons Procter & Gamble (NYSE: PG) and Colgate-Palmolive (NYSE: CL) both measure up when it comes to a long-term investing standard and could be good additions to just about any portfolio. Here's a quick look at some of the key factors that make each worth holding for the next two decades.
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Source Fool.com
