3 Healthcare Stocks to Buy and Never Sell
At a time when computers and algorithms dominate trading activity, it should come as no surprise that the average holding period for stocks is near an all-time low. According to independent research solutions company Ned Davis Research, the average holding period of stocks has fallen from nearly eight years in the late 1950s to just 8.3 months by the end of 2016. With the barrier to information gone -- i.e., it's just a mouse click away -- and most major brokerages moving to $0 commission trades, the urge to dive in and out of stocks is arguably higher than it's ever been.
But as investors, we also know that timing the market over the long run with success just isn't possible. Investors who take a long-term approach typically see the strongest and most sustainable returns.
With this in mind, if you want to give yourself an opportunity to bask in long-term share price appreciation, or perhaps collect a decent amount of income in the process, without ever having to sell your holdings, consider buying these three healthcare stocks.
Source Fool.com