2 Roaring Stocks to Hold for the Next 20 Years
Last year's stock market sell-off highlighted the importance of investing in solid growth stocks over the long term. Doing so can safeguard your investment from temporary headwinds like the economic declines that burdened many companies in 2022. Meanwhile, choosing to invest in businesses with a history of consistent financial growth and significant market share in their respective industries can further boost the potential for reliable gains.
(NASDAQ: AAPL) and Costco (NASDAQ: COST) are two attractive options, with one leading the consumer tech market and the other making promising inroads in other aspects of retail worldwide. These companies' stocks have risen over 150% in the last five years, with annual revenue increasing by over 48% in the same period. Furthermore, Apple and Costco are home to potent brands that have amassed immense brand loyalty from consumers, strengthening the arguments in support of their stocks.
Here are two roaring stocks to hold for the next 20 years.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 81 Buy predictions and 5 Sell predictions.
With a target price of 200 € there is a slightly positive potential of 11.63% for Apple Inc. compared to the current price of 179.16 €.
