3 Stocks That Could Create Lasting Generational Wealth
There are always at least some great stocks to buy at any given time. Finding stocks to buy and hold for the ultra-long haul, however, can be a different story. The underlying companies should be leaders of industries that are perpetually in demand. These organizations also need to be capable of adapting as needed to changes in the marketplace, whether those changes be technological leaps, evolving consumer preferences, or new competition.
Not too many companies fit this particular bill. However, there are a few names of this ilk that can be bought and held for a generation (or more), building more and more wealth the longer you and your heirs own them. Here's a closer look at three of your best bets among these tickers.
There's no denying that Amazon's (NASDAQ: AMZN) highest-growth days are in the past. The e-commerce market is mostly mature, and its competition is finally figuring out how to be, well, competitive.
Source Fool.com
