Many traders hope to get rich quick in the stock market, but over time, the best performance has come from long-term investors who choose companies that can produce solid returns year after year. The key is finding stocks that have the potential for that kind of long-term success over a period of decades. To help uncover some good prospects, we've looked at seven stocks we think are smart for buy-and-hold investors to look at for their portfolios over the next 20 years.
CVS Health (NYSE:CVS) could be a great investment for people with a 20-year time horizon, because 10,000 baby boomers turn 65 every day, and the over-65 population is expected to grow to 81 million people in 2040 from 40 million people in 2010. Amazon.com (NASDAQ:AMZN) has handsomely rewarded investors since its IPO almost 19 years ago, including a nearly 1,300% gain over the past decade as of this writing. Technology Select Sector SPDR ETF (NYSEMKT:XLK) looks like a convenient vehicle to implement such strategy. I love stocks that get hammered on purely short-term issues, and Chipotle Mexican Grill (NYSE:CMG) is a great example. Twenty years from now, IBM (IBM) will likely look quite a bit different than it does today. MasterCard (MA) operates one of the largest payment processing networks on the planet, but it also has huge opportunity for growth. Isis Pharmaceuticals (NASDAQ:ISIS) is my pick because the company has one of the deepest and most diverse clinical pipelines in the entire pharmaceutical industry.
Source: Motley Fool
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7 Companies We'd Buy and Hold for the Next 20 Years
Posted by D4L | Monday, January 04, 2016 | ArticleLinks | 0 comments »________________________________________________________________
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