Got $1,000? 3 Stocks to Buy for the Long Term
The volatility of the market over the past year confirms one of the basic fundamentals of successful investing: holding stocks for the long term. Another tenet is to buy low and sell high. Since you can't time the market, that essentially means buying at an attractive entry point and holding for a long time, allowing the investment to grow.
If you have $1,000 to invest after paying down debt and saving for emergencies, Airbnb (NASDAQ: ABNB), Revolve Group (NYSE: RVLV), and Chipotle Mexican Grill (NYSE: CMG) are three top stocks to buy and hold for the long term.
Not only does Airbnb continue to post record sales and nights booked, but it also continues to grow its hosts and rentals, leading to a cycle of growth. Guests love its flexibility, diverse price range, and selection of locations. These are unmatched among traditional travel companies, and Airbnb keeps improving its platform to give itself an even greater edge.
Source Fool.com
