3 Stocks to Buy and Hold for Decades
If you're an investor who just wants to buy stocks and forget about them, the good news is that there are plenty of good options whereby you can earn a good return and not take on much risk, either. The three stocks listed below are all big brands you can buy and hold for the long haul and that are likely to remain solid investments for not just years, but decades.
Johnson & Johnson (NYSE: JNJ) is a household name that's synonymous with healthcare. The stock has a market cap of nearly $400 billion, and it's a behemoth in its industry.
With that size, unfortunately, often comes problems. While J&J's made some quality products over the years, it's also run into many product liability issues. In just the past year, the company's lost legal battles related to opioids, its Risperdal drug, talc baby powder, and vaginal estrogen therapy products. Among its larger payouts was a $465 million fine related to its role in Oklahoma's opioid crisis.
Source Fool.com
