Is Domino's a Stock You Can Buy and Hold Forever? Here's 1 Key Metric to Consider
Buying and holding a stock forever is exaggeration. I'm not suggesting that investors should hold stocks for a literal eternity. When I talk about buying and holding stocks forever, I mean for an entire investment career. In other words, there's a stage in life during which people invest. It can last for 20, 30, or 40 years, or more, depending on one's age and personal finance goals.
Are there any companies that can truly be bought and held for decades and which require minimal ongoing research to ensure everything with the business is still on track? Well, investors can't make infallible prophecies about everything. But they can reasonably project certain things decades in advance.
For example, I'll bet that grocery stores will still exist in 30 years. Therefore, buying and forever holding shares of the top players in the grocery space would be a reasonable idea.
Source Fool.com
