3 Stocks to Hold for the Next 20 Years

Investing in stocks has proven time and again to be one of the best ways for you to grow your wealth. Better yet, the simplest approach -- buying the best companies at reasonable prices and then holding onto them as long as possible -- has also shown to be one of the most effective. To paraphrase Warren Buffett, time is the friend of great companies, which will increase earnings and steadily build value for its owners -- the shareholder.

To help you get started on your search for the best companies to buy and hold, we reached out to three of our contributing investors with long-term investing chops and asked them for their best ideas. The companies they came up with already have over 300 years of success behind them but are still going strong: American Express Company (NYSE:AXP), McCormick & Company, Incorporated (NYSE:MKC), and Walt Disney Co (NYSE:DIS).

Source: Motley Fool

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