3 Stocks to Hold for the Next 20 Years
It's easy to get sucked into the anxiety that can build from a volatile stock market. It's harder to focus on the tremendous wealth-building machine the stock market has been for decades. And I'm not talking about overnight gains from growth stocks; I mean the steady, long-term investing in great companies that investors like Warren Buffett believe in doing.
Even in the current market, you can set yourself up for long-term success by investing in quality businesses with the potential for higher growth. In fact, you can use this market, which offers the opportunity to buy on the dip, to find great deals. Dutch Bros (NYSE: BROS), Home Depot (NYSE: HD), and Lululemon Athletica (NASDAQ: LULU) are three top choices.
Coffee shop chains don't usually make a splash on the investing scene. It's hard to compete with Starbucks, and smaller companies are just that -- smaller. But Dutch Bros has a unique culture and model, and as small as it is, it's growing quickly and deserves notice.
Source Fool.com