3 Top Stocks to Buy for the Long Haul
When looking for stocks to buy for the long haul, it can be good to start by looking at historical returns. Stocks that have outperformed the S 500 over long periods are usually indicative of a good business. While the past does not guarantee future performance, assuming the trends look favorable, it's reasonable to bet on the continued long-term success of these companies.
Casual dining chain Texas Roadhouse (NASDAQ: TXRH), outdoor-lifestyle retailer Tractor Supply Company (NASDAQ: TSCO), and discount retailer Five Below (NASDAQ: FIVE) are three companies that fit this description: All have outperformed the market over the last 10 years, and the future looks favorable.
There are about 670 Texas Roadhouse locations, up from about 550 five years ago. Adding more than 100 new locations during this time was a good move because the chain is popular, and it turns a nice profit for a restaurant stock.
Source Fool.com
