3 Stocks You Can Buy and Hold for the Next Decade
Investing over a multidecade time frame can be incredibly difficult because we don't know what the future holds. Need proof? Three of the market's beloved FANG stocks weren't even public companies in 2000. While there is a pretty good chance all of these stocks will be great wealth-generating stocks over the long haul, there is no guarantee that some company five to seven years from now won't completely disrupt them just like they did to so many others on their ascent.
If you want to find investments that are likely to last for a decade or more, a great place is to look at those boring, simple businesses that do something incredibly difficult to replace or disrupt. Three companies that fit this description well are uniform rental company Cintas (NASDAQ: CTAS), household product manufacturer WD-40 Company (NASDAQ: WDFC), and trash handler Waste Management (NYSE: WM). Here's why these three stocks have what it takes to succeed over the long haul.
Image source: Getty Images.
Source: Fool.com
WD-40 Company Aktie
Die WD-40 Company Aktie erhält starke Unterstützung mit mehreren Buy- und keiner Sell-Einschätzung.
Ein Kursziel von 271 € für WD-40 Company würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 214.0 € bedeuten.
