3 Best Dow Stocks to Buy and Hold Forever
"Buy and hold" is great investing advice but with a few caveats. For starters, aim to buy and hold, for decades, but keep up with your holdings, lest one or more of them deteriorate without your noticing. And also, don't just buy and hold anything; seek out high-quality, healthy and growing companies.
Here are three to consider, all of which hold a berth on the Dow Jones Industrial Average index, which only features 30 companies.
It's probably easy to see why buying and holding shares of Apple (NASDAQ: AAPL) would be a good idea. Once nearly left for dead, with a small share of the personal computer market, Apple has grown into an electronic juggernaut. Its market value was recently $2.1 trillion -- and that was after the stock had fallen some 29% from its 52-week high.
Source Fool.com
