Calling stocks "no-brainers" is generally something not to be taken lightly. However, the four businesses mentioned in this article operate in niche industries poised to deliver steady growth over the long haul.

Buoyed by clear megatrends that should support each company's core operations for decades, these are as close to no-brainers as may exist in the stock market.

Let's explore what makes Enphase Energy (NASDAQ: ENPH), UFP Industries (NASDAQ: UFPI), Franklin Electric (NASDAQ: FELE), and Waste Management (NYSE: WM) undeniably sound stocks under $200 to buy and hold for the long haul.

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Source Fool.com