3 Stocks You Can Keep Forever
When contemplating the best types of stocks to buy and hold over the long term, a few attributes naturally pop up. One is the presence of a strong, durable brand that resonates with the general public, and another is the payment -- and steady increase -- of a dividend. If a business has a long history of growing its dividend, that implies that it has the ability and capacity to keep growing its net income, too.
Of course, it may be simplistic to just settle for these two core attributes, but I've learned over the years that they serve as an effective method for filtering out companies that don't make the cut for holding long-term. Adding yet another attribute to the mix, a long runway for growth accompanied by suitable catalysts, can help reassure investors that these businesses are suitable long-term holdings.
Here are three companies that satisfy the above criteria, whose stocks that you can keep for the rest of your life.
Source Fool.com
