3 Stocks to Hold for the Next 20 Years
When looking at stocks to own over long periods of time that extend into decades, I think there's one overarching question that investors should ask: Will the business be relevant far into the future? Assessing the durability and staying power of a company should guide your buying decisions when thinking with such a big time horizon.
Along the same vein, here are three stocks that investors could hold for the next 20 years. It's even more encouraging that Warren Buffett's Berkshire Hathaway has a sizable stake in all of these companies.
First on this list is none other than (NASDAQ: AAPL). The iPhone maker posted revenue of $95 billion in the fiscal 2023 second quarter, down 2% year over year. While this was the second straight sales decline, thanks to softer macro conditions, it's obvious that one of Apple's defining traits is just how fanatical the company's customer base is. New versions of the iPhone, which are released usually every year, always see strong demand and carry high margins.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 106 Buy predictions and 8 Sell predictions.
With a target price of 208 € there is a slightly positive potential of 3.28% for Apple Inc. compared to the current price of 201.4 €.
