Want to Beat the Market? 2 Stocks to Buy and Hold Forever
Equity markets attract a variety of people with very different investing approaches. One thing many of them do have in common, though, is their desire to outperform the broader market. Doing so isn't an easy task, but history suggests that the buy-and-hold strategy is one of the best ways to beat the market.
Keeping shares of great companies through thick and thin allows both time and compounding to work their magic. On that note, let's look at two excellent stocks that are worth holding onto for a long time: Abbott Laboratories (NYSE: ABT) and Airbnb (NASDAQ: ABNB).
Medical devices giant Abbott Laboratories has been a leader in its industry for decades. While past performance isn't a guarantee of future success, the company's expertise in the highly regulated healthcare sector shouldn't be overlooked. It takes jumping through various clinical and regulatory hoops before earning clearance for medical devices.
Source Fool.com
