2 Popular Stocks to Buy and Hold Forever
Popularity isn't always a good proxy for quality. Some much-talked-about companies have been terrible businesses, while some little-known corporations have delivered market-beating returns.
However, sometimes quality and popularity go hand in hand. That's the case with two stocks that are among the top 100 holdings on the versatile investing app Robinhood: (NASDAQ: GOOG) (NASDAQ: GOOGL) and Netflix (NASDAQ: NFLX). Read on to discover why these two famous tech giants are excellent "forever" picks.
The list of Robinhood's top 100 stocks changes constantly, but Alphabet has long been a regular. The tech giant came in at No. 18 last I checked. Here's an argument in favor of investing in the parent company of Google that many investors on Robinhood might agree with: Alphabet is a leader in its core industries, with a solid competitive advantage, and several exciting growth opportunities.
Source Fool.com
Alphabet Inc. A Stock
The stock is an absolute favorite of our community with 83 Buy predictions and no Sell predictions.
As a result the target price of 167 € shows a slightly positive potential of 3.34% compared to the current price of 161.6 € for Alphabet Inc. A.
