Got $5,000? Here Are 3 Stocks to Buy and Hold for the Long Term
While 2020 itself has been a terrible year on multiple fronts, the stock market has clawed its way to a nearly 17% gain (as measured by the S&P 500) with a month left to go. Such is often the case during economic recessions. Markets focus on the future and thus will price in any perceived future optimism rather than focus on negatives in the here-and-now.
And if the market is right and better times lie ahead, now is still a good time to invest. Assuming you have $5,000 in discretionary funds available and you don't need it for immediate expenses or an emergency fund, here are three stocks -- Veeva Systems (NYSE: VEEV), Splunk (NASDAQ: SPLK), and Disney (NYSE: DIS) -- that are worth executing a buy-and-hold purchase on right now.
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Source Fool.com
