Want $1 Million in Retirement? 3 Stocks to Buy Now and Hold for Decades
Building wealth generally means long-term investing. That's holding great businesses for a long time, letting earnings grow and dividends accumulate for years. A diverse portfolio of great stocks can set you up for a comfortable retirement -- maybe even retiring a millionaire.
The industrial and energy sectors can be a great place to look because these companies are foundations for the economy. Stocks like ExxonMobil (NYSE: XOM), Lockheed Martin (NYSE: LMT), and (NYSE: CAT) have strong fundamentals and long-term growth opportunities to deliver long-term results.
Here is what you need to know.
Source Fool.com
Caterpillar Inc. Stock
We see a rather positive sentiment for Caterpillar Inc. with 14 Buy predictions and 2 Sell predictions.
However, we have a potential of -0.47% for Caterpillar Inc. as the target price of 317 € is below the current price of 318.5 €.