3 Stocks You Can Keep Forever
The ideal holding period for a great investment is forever. If a business has a strong business model and continues growing steadily, then its profits and cash flows should continue their ascent as well. Share prices for that business should rise in tandem with the rise in net income and cash flows, and all of this should result in huge capital gains for the astute investor.
Admittedly, it can be tough to find such companies. Most companies face crisis situations at some point in their development that can cripple their business model, or even render them obsolete. It's instructive to observe companies over time to assess how they manage these crises. The ones that emerge unaffected and even manage to grow stronger during adversity are ideal candidates for a long-term buy-and-hold investor.
To help in the search, here are three companies that fit the criteria and would make great forever stocks for your investment portfolio.
Source Fool.com