3 Stocks That Could Set You Up for Life

2020 was a breakout year for new growth stocks and exciting IPOs. But while many of them are great companies that will provide sizable gains for intrepid investors, some of the best investments remain tried and true industry leaders.

These top stocks have well-established track records and the ability to continue outperforming long term. Nike (NYSE: NKE), PayPal (NASDAQ: PYPL), and Costco (NASDAQ: COST) are great companies to add to your portfolio. 

Nike has been the leader in athletic footwear for decades, but with the rise of athleisure style and fashion, it's also become the leading U.S. apparel company. Sales fell 38% year over year during the early phases of the pandemic in 2020, but they quickly recovered with the company reporting 9% growth by its fiscal second quarter (ended Nov. 30).

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Source Fool.com