3 Stocks to Buy and Hold for the Next 50 Years

In today's media-driven market, investors struggle to look more than 50 days down the road, let alone 50 years. But that's probably the timeframe most of us should be thinking about with our picks -- constantly swapping stocks in search of the next hot name can nickel and dime a portfolio to death.

To that end, investors with enough discipline (and time) to sit tight for the next 50 years may want to consider stepping into Microsoft (NASDAQ: MSFT), American Water Works Company (NYSE: AWK), and Verizon Communications (NYSE: VZ) sooner rather than later. In their own way, each offers something that will allow it to withstand the tough test of time.

Image source: Getty Images.

Continue reading

Source Fool.com