2 Stocks You Can Keep Forever
In my search for great companies, I have, in hand, a long laundry list of requirements. As a long-term buy and hold investor, I look for solid companies with durable competitive moats, stellar track records and great long-term growth prospects. These are the types of businesses that are strong enough to weather crises and can allow you to sleep soundly at night.
Granted, there aren't many companies that can even qualify for this list. Being stringent is important, as it helps to filter out the great companies from the merely good ones. The problem with great companies is that they are often accompanied by high valuations as other investors also recognize their quality. The current sell-down due to the COVID-19 virus outbreak offers a golden opportunity for investors to pick up shares in quality companies that have been sold down indiscriminately.
Here are two companies that will allow investors to sleep soundly at night for many years to come.
Source Fool.com
