3 Stocks to Hold for the Next 10 Years
Legendary investor Warren Buffett once opined that "time is the friend of the wonderful company, the enemy of the mediocre," referring to his preference for buying wonderful businesses, even at slightly higher prices, and holding them for the long haul. Taking the long view is precisely why Warren Buffett is one of the greatest investors on earth.
Below, three Fools lay the case for Meritage Homes Corp (NYSE: MTH), Stanley Black & Decker (NYSE: SWK), and Mastercard (NYSE: MA) as businesses you can confidently buy, hold, and reap the rewards for years to come.
Jason Hall (Meritage Homes Corp): With the housing crisis almost a decade behind us, new home construction has remained relatively slow. And while this was due in part to a glut of inventory that took years for the market to absorb, young people have bought houses at a slower rate than prior generations, further weighing on homebuilders in recent years.
Source: Fool.com
Mastercard Inc. A Stock
The stock is an absolute favorite of our community with 43 Buy predictions and no Sell predictions.
With a target price of 445 € there is a slightly positive potential of 8.4% for Mastercard Inc. A compared to the current price of 410.5 €.
