3 Stocks to Hold for the Next 20 Years

Twenty years is a very long time. On average, it's a period of time that will include a handful of bear and bull markets, several elections, major wars and conflicts, and periods of economic recession and expansion. Twenty years from now, most companies will have gone through one, if not more, C-level executives. 

But there are some stocks that have durable businesses and obvious growth opportunities that will be exceptional, regardless of how the economy zigs or zags, or who takes the role as their next chief executive officer 20 years from now. Below, three Fools lay out a case for Mastercard (NYSE: MA), Chubb (NYSE: CB), and Boeing (NYSE: BA) as three companies that are so good they're worth buying and ignoring for the next 20 years.

Jason Hall (Mastercard): It's easy to assume that electronic payments -- like credit and debit cards and mobile payments -- dominate global transactions. After all, it's how most people in the developed world pay for nearly everything. But globally, cash is still king, with the vast majority of transactions around the world still in cash. That's changing.  

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Source: Fool.com