2 Stocks I'm Never Selling
I try to buy great companies when they have historically high yields, focusing on names with very long histories of supporting, and increasing, their dividends over time. The hope is that the troubles facing the companies I buy will be short lived and that the company's execution will return to previous levels, pushing the stock higher. That's exactly what happened with Nucor (NYSE: NUE) and Procter & Gamble (NYSE: PG). Now that I own them I'm planning to keep them in my portfolio for as long as I can.
The business world doesn't move in a straight line, and neither do the fortunes of any company. It's better to think about a sine curve when looking at stocks, as businesses typically shift from good periods to difficult ones and back again to good periods. The hope is that the overall, long-term slope will be higher, while recognizing that short-term periods might look better or worse depending on the economic environment, industry trends, and company-specific issues.
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Source Fool.com
