Want to Get Richer? 2 Unstoppable Stocks to Buy and Hold in 2022 (and Beyond)
One of the most important attributes any company can possess is a durable competitive advantage. Businesses that hope to outperform their peers need to be superior in some way. They need something that sets them apart from the pack. That could be a recognizable brand name, a better product, or a cost-efficient scale. Or it could be something more subtle, such as brilliant leadership or a great corporate culture.
Why does any of that matter? In my experience, businesses that have an edge often grow more quickly, operate more efficiently, and generate more cash. And those qualities tend to make the business unstoppable over the long term. Arista Networks (NYSE: ANET) and Union Pacific (NYSE: UNP) are two great examples. These companies have established strong competitive positions, and both stocks could make you richer in the years ahead.
Here's why.
Source Fool.com
