3 Stocks to Buy and Hold for 100 Years
Investing with an extremely long time horizon can be challenging for a number of reasons, not least of which is that monumental changes in society can happen over such extended periods. Case in point: There's only one company that was in the Dow Jones Industrial Average 100 years ago that's still a component today -- General Electric. Back then, the index was dominated by companies focused on steel, rubber, and railroads.
Still, recognizing that it's an incredible challenge to predict what companies will be thriving a century in the future, we asked three of our contributing investors to give it their best shots. Their picks: Amazon.com (NASDAQ: AMZN), American Water Works (NYSE: AWK), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). Below, they explain why.
Image source: Getty Images.
Source: Fool.com
Alphabet Inc. A Stock
With 93 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 179 € there is a slightly positive potential of 13.59% for Alphabet Inc. A compared to the current price of 157.58 €.
