3 Stocks Peter Lynch Would Love

Peter Lynch ran the Fidelity Magellan fund from 1977 to 1990 and returned an incredible 29% annually, soundly beating the S&P 500 over that time. He didn't use complex strategies or invest in high-risk tech start-ups; he focused on common consumer products and brands. He described his easy-to-follow investing approach in two books: Beating the Street and One Up on Wall Street. He would start by finding businesses that consumers would use every day, study their financials to ensure they were built to last, and buy with an intent to hold for the long term.

Starbucks (NASDAQ: SBUX), Amazon (NASDAQ: AMZN), and Home Depot (NYSE: HD) look like three stocks that Lynch would love today.

Source Fool.com