3 Great Stocks You Can Buy and Hold Forever
It can be tough selecting a company to own over the long term. Economic conditions change constantly, while major events such as the COVID-19 pandemic can bring about sweeping changes to peoples' behavior and consumption patterns. Despite periodic economic fluctuations and the occasional upheaval in financial markets, some companies still manage to beat the odds and post consistent growth over years, if not decades.
The secret lies in these companies' ability to evolve and adapt to changing circumstances over time, which ties in with them having a strong competitive moat and a dominant presence in the markets they operate in. By innovating and consistently improving their product and service offerings, these winning companies continue to endear themselves to their customers.
These are the attributes that make them long-term performers, and here are three great stocks that fit these criteria.
Source Fool.com
