3 Stocks to Buy and Hold for the Next 10 Years
Even if you're a believer in long-term investing, it can be a challenge to find suitable investment candidates to own over years or even decades. The economic landscape has been drastically altered by the COVID-19 pandemic, but it also faced an upheaval more than 10 years ago due to the global financial crisis. With business cycles shortening and competition getting tougher, it's no wonder many companies find it harder to report consistent growth.
There is, however, a crop of companies that have defied the odds to post multi-year growth despite the economic headwinds. These businesses all have something in common: Strong franchises that place them as the leader in their field, an enduring brand, and a track record of achieving growth despite adversity. These are the types of businesses that you can feel comfortable owning for a lifetime as they have proven that they can, time and again, deliver results.
Here are three ideal stock candidates that you can buy and hold over the next decade.
Source Fool.com
