3 Stocks to Buy and Hold for 100 Years

3 Stocks to Buy and Hold for 100 Years

Investing with an extremely long time horizon can be challenging for a number of reasons, not least of which is that monumental changes in society  can happen over such extended periods. Case in point: There's only one company that was in the Dow Jones Industrial Average 100 years ago that's still a component today -- General Electric. Back then, the index was dominated by companies focused on steel, rubber, and railroads. 

Still, recognizing that it's an incredible challenge to predict what companies will be thriving a century in the future, we asked three of our contributing investors to give it their best shots. Their picks: Amazon.com (NASDAQ: AMZN), American Water Works (NYSE: AWK), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). Below, they explain why.

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Source: Fool.com