If I Could Buy Only 1 Stock, This Would Be It
Investing in the stock market can be a risky endeavor. Diversification -- buying several stocks with limited correlation to each other -- reduces some of the risk. Therefore, purchasing a group of stocks and holding them for the long term is typically the most prudent investment method.
However, if I could buy and hold only one stock, it would be Netflix (NASDAQ: NFLX). The company has established itself as a giant in streaming video, a position that will be difficult to overtake. What's more, watching video content is something I expect people will be doing for a few more decades. Here's more detail on why Netflix is the one stock I would buy and hold.
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Source Fool.com
