3 E-Commerce Stocks You Can Buy and Hold for the Next Decade
I'll say it: A decade is a long time. And it's sure to be filled with the unexpected. Professional analysts typically attempt forecasting the next three months, and even those short-term predictions often have the precision of a coin flip. And that's not to criticize analysts -- perfect foresight is obviously nonexistent. How much harder, then, is it to pick stocks for a decade or more?
Counter-intuitively, I don't believe long-term investors need to fret. After all, it's easier to determine where the world is generally headed without needing to be precise on the details.
I believe this could apply to the e-commerce space. I'm not sure how big e-commerce will be in 10 years. But I adamantly believe consumers will continue adopting it more in years to come, making it a great space to invest in.
Source Fool.com