3 Heirloom Stocks to Hold Forever
Investing for the really long term is a big challenge. It's impossible to predict events that could transform society decades from now, much less a scandal or disruption that could turn any of today's best companies into tomorrow's has-beens. Consider that there's only one company that has managed to stay in the Dow Jones Industrial Average (DJINDICES: ^DJI) for all of the last 100 years, General Electric. Who could have foreseen that in 1917?
Still, it's possible to look at today's companies and get a sense of which ones are most likely to thrive over the long haul. We asked three of our Foolish investors to do exactly that. Here's why they like Amazon.com (NASDAQ: AMZN), Johnson & Johnson (NYSE: JNJ), and Medtronic plc (NYSE: MDT).
John Rosevear (Amazon.com): "Forever" is a long time, but I think online-retail giant Amazon is very well-positioned to keep piling up growth -- if not "forever," then at least for the next several decades.
Source: Fool.com
