2 Stocks to Hold for the Next 20 Years
The surest way for investors to maximize their return-generating potential is to extend their holding periods. While stocks tend to wiggle up and down over short time frames like quarters or years, their track records are more uniformly positive when pushed out to decades.
With that bigger picture in mind, let's look at a few quality stocks investors might look back on in 20 years and be glad they purchased today. Read on for some good reasons to consider buying lululemon athletica (NASDAQ: LULU) and McCormick (NYSE: MKC).
It's no secret on Wall Street that Lululemon is an attractive business. The yoga-inspired apparel retailer has trounced its growth outlook for six consecutive quarters as it races toward $4 billion in annual sales -- and shares have soared in response to the good news. But the chain is exposed to a few trends that could lift its results far above that mark over the coming decades.
Source Fool.com
