2 Top Stocks to Hold Throughout the Bear Market
Recent market volatility has pushed the stock market into official bear territory twice this year. The market has recovered slightly, but it still appears to be on a bear market trajectory. Bear markets, as uncomfortable as they may be, aren't a time to fret or panic sell. It is a time to buy and hold top stocks.
Two top stocks in the real estate industry today are Prologis (NYSE: PLD) and American Tower (NYSE: AMT). While both stocks are down this year, here's why investors should hold onto these stocks through the bear market and well after the next market recovery.
Real estate investment trust (REIT) Prologis is the largest industrial operator in the world and one of the largest REITs by market capitalization. The company, which has heavy ties to the rapidly expanding e-commerce industry, owns and leases 1 billion square feet of warehouses, industrial bays, logistics centers, and last-mile distribution centers across four continents.
Source Fool.com