3 Growth Stocks Worth Owning for the Next 50 Years
According to a Bank of America/Merrill Lynch report last year, growth stocks have returned an average of 12.6% annually since 1926. Rapid top- and bottom-line expansion is usually an allure for investors, but trying to find companies that can continue to grow at a market-topping pace beyond just a few years isn't so easy.
With this in mind, we asked three of our Foolish investors for a growth stock that they believe has staying power beyond just the next couple of years. In fact, they believe these could be the growth stocks to own for the next 50 years. Topping their list were robotic-assisted surgical system developer Intuitive Surgical (NASDAQ: ISRG), benchmark and analytics provider S&P Global (NYSE: SPGI), and e-commerce behemoth Amazon.com (NASDAQ: AMZN).
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Source: Fool.com
Amazon.com Inc. Stock
The stock is an absolute favorite of our community with 155 Buy predictions and no Sell predictions.
As a result the target price of 192 € shows a slightly positive potential of 18.96% compared to the current price of 161.4 € for Amazon.com Inc..
