When looking at businesses you might consider owning forever, a few important traits must be present. Investors should look for companies that provide superior products and services with a top-notch user experience. There should also be ample growth opportunities. And shares should be at an attractive valuation.
These are the necessary ingredients for outstanding returns over a long time period. With that being said, here are three stocks that I don't plan on ever selling.
Amazon (NASDAQ: AMZN) posted trailing-12-month revenue of $502 billion, but growth has surely slowed since the booming days of the pandemic. However, once the current macro headwinds abate, online shopping, still Amazon's bread and butter, will receive a boost again.
Source Fool.com