3 Growth Stocks to Buy and Hold For the Next 50 Years
The S&P 500 has rallied more than 3,500% over the past 50 years. Investors who bought and held stocks through those five decades -- which saw six recessions and multiple market crashes -- were well-rewarded for their patience.
Past growth never guarantees future gains, but we should assume the market will overcome its near-term challenges and rise higher over the next 50 years. Here are three high-growth stocks that belong in your long-term portfolios: Amazon (NASDAQ: AMZN), Veeva Systems (NYSE: VEEV), and Tencent (OTC: TCEHY).
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Source Fool.com
