3 No-Brainer Stocks to Buy and Hold Forever
When it comes to buying stocks that you want to hold for a duration perhaps beyond your own lifetime, the best bet is to not overthink things, and buy companies with simple businesses and established track records. In the spirit of the K.I.S.S. (Keep it simple, stupid) model of investing for the long term, we asked three of our investing contributors to each highlight a stock that doesn't require much thought as an investment today, but is likely to be the type of buy-and-hold investment that investors want. Here's why they picked Facebook (NASDAQ: FB), Waste Management (NYSE: WM), and Amazon (NASDAQ: AMZN).
Image source: Getty Images.
John Rosevear (Facebook): Tech-savvy folks may love to hate on Facebook, but meanwhile, the rest of the world keeps on using it. And as they do, Facebook's revenue and profits keep on growing at eye-popping rates.
Source: Fool.com
Amazon.com Inc. Stock
The stock is an absolute favorite of our community with 156 Buy predictions and no Sell predictions.
As a result the target price of 192 € shows a slightly positive potential of 19.64% compared to the current price of 160.48 € for Amazon.com Inc..
