3 Healthcare Stocks I'll Hold Forever

Fund managers who need to look busy might hate to admit it, but doing nothing is usually the best course of action for most investors. That doesn't mean it's a good idea to look the other way when a business you own is in trouble, but companies with durable advantages over their competitors tend to offer outsized returns in the long run.

Over the years, I've added shares of Medtronic plc (NYSE: MDT), Johnson & Johnson (NYSE: JNJ), and Omega Healthcare Investors Inc. (NYSE: OHI) to my personal holdings with the intention of holding them forever. Aging populations in the U.S. and beyond helped these three healthcare stocks deliver total returns that exceed the benchmark S&P 500's gains over the past 20 years. Here's why I think they'll continue doing so for the rest of my days.

No timing should be necessary for these forever stocks. Image source: Getty Images.

Source: Fool.com