3 Stocks to Hold for the Next 50 Years

Warren Buffett is famously known for having said his "favorite holding period is forever." We tend to agree, with so much evidence supporting long-term buy-and-hold generally leading to the best returns for most people. But isn't forever unrealistic? As the legendary economist John Maynard Keynes once wrote, "in the long run, we're all dead." 

But 50 years from now, many of us -- and many of our children -- will still be alive. Investing in companies that can still play an important role in the economy of the future could lead to wonderful wealth. So we put the question to some of our long-term investing contributors, and they offered up compelling arguments for Sherwin-Williams Co. (NYSE: SHW), Hormel Foods Corp. (NYSE: HRL), and Mastercard Inc. (NYSE: MA).

Surprised there's not a single alternative=energy or flying-car company in the mix? The funny thing about investing is that often, the best investments are the companies that have already built something important that's likely to remain important for decades to come. Keep reading to learn why these three stalwarts are just as likely to be household names in a half-century as they are today. 

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Source: Fool.com