3 Stocks to Hold for the Next 30 Years

3 Stocks to Hold for the Next 30 Years

The buy-and-hold investment philosophy works because it allows your winners to compound in a tax-free manner, allowing you to build wealth over time by benefiting from the growing earnings and profits of the market's truly exceptional companies.

Here, three of our Foolish investors lay out the case for Vestas Wind Systems (NASDAQOTH: VWDRY), Union Pacific (NYSE: UNP), and U.S. Bancorp (NYSE: USB) as stocks to buy and hold for the next 30 years.

Jason Hall (Vestas Wind Systems): One of the biggest and most important industries is energy, and in the decades to come, trillions of dollars will need to be invested around the world to meet the power needs of a growing global population. And there's a clear trend toward more and more renewables to meet humanity's energy needs. That alone should be enough to put Vestas Wind Systems on investors' short lists for a long-term stock to own. 

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Source: Fool.com