3 Stocks to Buy and Hold for Decades
A long-term mind-set can put you on the path to mastering the stock market, and it doesn't get much longer-term than picking stocks to own for decades to come. A lot can change over such a long period of time, but our Motley Fool investors think that Activision Blizzard (NASDAQ: ATVI), Priceline (NASDAQ: PCLN), and Lockheed Martin (NYSE: LMT) have the staying power to deserve a spot in your portfolio. Here's why.
Todd Campbell (Activision Blizzard): Activision Blizzard is connecting gamers in profit-friendly ways, and with esports in early innings, the potential for sales and earnings growth appears immense.
Technology is creating new ways to play, broadcast, and consume gaming content, and increasingly realistic games have players more engaged with gaming than ever before. For instance, Amazon.com's Twitch gaming site boasts 100 million monthly users, and half of those users spend more than 20 hours per week on its site. Alphabet's YouTube Gaming and Microsoft Mixer are also popular sites for sharing gaming tips and content. And as these sites outcompete traditional entertainment, including TV, they offer strong tailwinds for video game developers.
Source: Fool.com
Lockheed Martin Corp. Stock
We see a rather positive sentiment for Lockheed Martin Corp. with 8 Buy predictions and 1 Sell predictions.
As a result the target price of 476 € shows a slightly positive potential of 11.58% compared to the current price of 426.6 € for Lockheed Martin Corp..
