3 Stocks You Can Buy and Hold for Decades
Three little words can make you a lot of money over the long term: Buy and hold. However, the catch is that you must find the right stocks for those three words to work most effectively.
We asked three Motley Fool contributors which stocks you can buy and hold for decades. Here's why they picked AbbVie (NYSE: ABBV), Bristol Myers Squibb (NYSE: BMY), and Vertex Pharmaceuticals (NASDAQ: VRTX).
Prosper Junior Bakiny (AbbVie): Pharma giant AbbVie is currently defying gravity. The company's shares are up by 13% year to date, while the S&P 500 is down by roughly 20%. Even better, AbbVie has outperformed the broader market in the past three, five, and 10 years.
Source Fool.com
