3 Growth Stocks to Hold for 50 Years
At the Motley Fool, we tend to think that the best investing approach is to find great companies and hold on to them for the ultra-long term. With that in mind, we asked three of our investors to profile a company that has what it takes to deliver strong performance over the next five decades. Read on to see why they selected Boeing (NYSE: BA), Colgate-Palmolive (NYSE: CL), and Amazon (NASDAQ: AMZN).
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Dan Caplinger (Boeing): It's hard to find a company that you can feel confident will be able to sell the same products half a century into the future. But Boeing has done a good job of changing with the times, having moved forward steadily but surely from its earliest commercial aircraft models to the latest designs. The drive for greater efficiency, convenience, and capacity has created new demand for Boeing aircraft, and a healthy airline industry has given customers the financial wherewithal to be able to afford the latest innovations.
Source: Fool.com
Boeing Co. Stock
Currently there is a rather positive sentiment for Boeing Co. with 30 Buy predictions and 5 Sell predictions.
With a target price of 233 € there is a positive potential of 39.49% for Boeing Co. compared to the current price of 167.04 €.
