3 Stocks to Buy and Hold Forever
Buy and hold. It's an easy strategy to understand. But it's a really hard one to consistently follow for many investors. However, with the right stocks, the approach can generate tremendous long-term returns.
Three Motley Fool contributors have identified stocks to buy and hold forever. Here's why they chose Eli Lilly (NYSE: LLY), Novo Nordisk (NYSE: NVO), and Vertex Pharmaceuticals (NASDAQ: VRTX).
David Jagielski (Eli Lilly): If you're planning to hold a stock forever, then you need to be comfortable with its growth potential. And that's exactly why Eli Lilly belongs on this list. The company not only has many top drugs in its portfolio today, but it also has a promising future that could drive revenue for the business for years to come.
Source Fool.com