Even long-term investors have to reevaluate their positions and occasionally offload some companies' shares. But some corporations look solid enough that they are hard to part ways with regardless of the economic environment. That depends on each investor's preference, of course.
For me, there are at least three stocks in my portfolio I don't anticipate getting rid of anytime soon: Johnson Johnson (NYSE: JNJ), Meta Platforms (NASDAQ: META), and Amazon (NASDAQ: AMZN). Here is why.
Johnson Johnson needs no introduction -- it has been a leading healthcare company for a long time. Although that's no guarantee of the future, there are several reasons why I am confident that the drugmaker can still produce solid returns from here on out. Let's consider just three. First, J is an innovator -- it spends enough money on R expenses to routinely develop newer and better drugs and medical devices, two segments of the broader healthcare market in which it is deeply entrenched.
Source Fool.com