3 Stocks to Hold for the Next 20 Years

It can be tough searching for a publicly traded company that makes you feel so comfortable that you want to own its stock for the long term. The pandemic and its associated economic crisis have shaken up formerly steadfast business models and unleashed new trends, making the business world much more unpredictable. Add to that the changing dynamics of industries and the effects of competition, and the list of companies that you would feel comfortable owning stock in for years gets much shorter.

This select list will include quality, well-known names that have a great track record of both financial and operating performance. Such businesses usually have characteristics that make them resilient to crises and an ideal choice to own throughout the economic cycle. They also have quality management and are adaptable and can react favorably to competition while still posting steady, consistent growth.

With all that criteria in mind, here are three stocks to buy and hold for the next two decades.

Source Fool.com