3 No-Brainer Stocks to Buy and Hold Forever
When it comes to buying stocks that you want to hold for a duration perhaps beyond your own lifetime, the best bet is to not overthink things, and buy companies with simple businesses and established track records. In the spirit of the K.I.S.S. (Keep it simple, stupid) model of investing for the long term, we asked three of our investing contributors to each highlight a stock that doesn't require much thought as an investment today, but is likely to be the type of buy-and-hold investment that investors want. Here's why they picked Facebook (NASDAQ: FB), Waste Management (NYSE: WM), and Amazon (NASDAQ: AMZN).
Image source: Getty Images.
John Rosevear (Facebook): Tech-savvy folks may love to hate on Facebook, but meanwhile, the rest of the world keeps on using it. And as they do, Facebook's revenue and profits keep on growing at eye-popping rates.
Source: Fool.com
Amazon.com Inc. Stock
With 144 Buy predictions and not a single Sell prediction Amazon.com Inc. is an absolute favorite of our community.
With a target price of 189 € there is a slightly positive potential of 7.85% for Amazon.com Inc. compared to the current price of 175.24 €.
