3 Stocks You Can Buy and Hold for the Next Decade

You might do even better in your investing if you think of it more as "buy to hold" than "buy and hold." The difference reflects that you shouldn't just buy and forget what you own, instead keeping up with your holdings in case any of them suffer a significant change in their potential. So which stocks, exactly, can you buy to hold for a decade or more? Well, everyone's needs and preferences are different, but here are three portfolio contenders for you.

Let's start with Warren Buffett's own company, Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B). Despite the fact that it's not a household name (yet), it's one of the largest companies in America, with a market cap recently topping $300 billion. Wells Fargo (NYSE:WFC) is another relatively stable giant, with a market cap recently approaching $250 billion -- and a generous dividend that recently yielded 3.1%. A third company to consider for the very long term is megaretailer Costco (NASDAQ:COST). It's big -- with a market cap recently near $65 billion -- and getting bigger.

Source: Motley Fool

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