It's always tempting to look for stocks you can simply buy and forget. Well-run businesses with a great brand, strong reputation, and stellar track record can allow you to compound your wealth over time. The key is to ensure you have the patience and fortitude to hold on to these winners through market cycles so that you can enjoy the fruits of your labor.
Companies you can keep forever are found in many different industries. A key characteristic is the ability to continue growing despite adversity. Some occupy a unique niche within their industry while others may have a track record of consistent and growing dividend payments.
Here are three prime candidates you can consider keeping for the long haul -- and even hand down to the next generation.
Source Fool.com