3 Growth Stocks to Buy and Hold for the Next 50 Years
We are undoubtedly living in unprecedented times. Certain stocks that looked like decent buys at the beginning of the year are dragging down investors' portfolios in this volatile market. Take the travel industry, for instance. With mass lockdowns, border closures, and fears of unwittingly spreading the coronavirus taking hold of travelers across the globe, airline and cruise stocks have plunged into painful bear market lows from which they look unlikely to recover anytime soon.
It's only natural that investors across all sectors fear a second wave of coronavirus cases that could deepen the current recession and instigate another market crash. A forward-thinking investing mindset is the wisest strategy in any market climate. By padding your portfolio with stocks that demonstrate recession resistance, you can mitigate the risk that naturally accompanies investing and ride the waves of uncertain market times with increased confidence. To that point, here are three growth stocks you can buy and hold for the next 50 years.
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Source Fool.com
