3 Roaring Stocks to Hold for the Next 20 Years
The market may be rallying right now, but this wave of bullishness isn't necessarily built to last. Stocks are still more down than up over the past 11 months, and the broader market could easily slide back into bear territory (where the Nasdaq Composite still resides).
A handful of tickers have been unusually strong of late, however, leading the bullish charge in a way that suggests their gains are bigger than any current or prospective headwind. A few of these near-term winners are even the sorts of stocks you can safely step into for the long haul -- among them, e.l.f. Beauty (NYSE: ELF), First Solar (NASDAQ: FSLR), and Hostess Brands (NASDAQ: TWNK).
It's been a tough past few months for shareholders of the bigger and better-established cosmetics companies like Estee Lauder and Coty. Shares of smaller makeup outfit e.l.f. Beauty, though, are defying the trend. The stock is up more than 100% from the low it touched in May, and reached a record high just last week.
Source Fool.com
