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3 Stocks That Could Create Lasting Generational Wealth

TheMotleyFool

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3 Stocks That Could Create Lasting Generational WealthPhoto, wide shot, wide-angle lens, soft focus, Risk management company, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-vkrXsXVXnZepYEkiT4BvjtCA.png?st=2023-05-14T13%3A27%3A43Z&se=2023-05-14T15%3A27%3A43Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-14T00%3A09%3A01Z&ske=2023-05-15T00%3A09%3A01Z&sks=b&skv=2021-08-06&sig=y1VhH4rrtYGKSVOHO3rBwhpmvE42GCwp7%2BKdLaLI7kA%3D

Creating lasting generational wealth is no sure thing, no matter where you put your money. Still, there are investments you can make that are more likely to do better than others because the companies have significant competitive advantages over their peers.

Three stocks that fit this description right now are Amazon (NASDAQ: AMZN), Costco Wholesale (NASDAQ: COST), and Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). Here's why each one is worth considering when building a long-lasting portfolio.

Image source: Getty Images.

Source Fool.com