3 Stocks to Hold for the Next 20 Years

Some trends take years, even decades to play out. It was 25 years ago this month that Amazon sold its first book in its online store, but the trend of e-commerce is really just getting started. Online purchases in the U.S. are still less than 12% of overall retail sales. But investors who bought shares of Amazon at almost any point since it went public in May 1997 (and held them) have done exceedingly well.

Let's take a closer look at three stocks that are benefiting from long-term trends, and that you can buy and comfortably hold for the next 20 years: MongoDB (NASDAQ: MDB), DocuSign (NASDAQ: DOCU), and MercadoLibre (NASDAQ: MELI).

Many large companies today have their key software applications running on a database architecture that was developed in the 1970s before the internet, mobile devices, or the cloud. MongoDB's database platform was built for the cloud-hosted, high-performance, mobile-ready applications of today. But upgrading your core applications and underlying database architecture is not an everyday occurrence.

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Source Fool.com