3 Top Stocks You Can Buy and Hold for the Next Decade
If you plan to buy and hold a stock for 10 years or more, it's a good idea to purchase one with a long-term theme in mind. The fascinating thing about General Electric (NYSE: GE), Johnson Controls (NYSE: JCI), and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is that they have entirely different earnings drivers over the next decade. So, let's look at why they are good stocks to buy in their own ways.
GE is restructuring some fundamentally good businesses and enjoying a multi-year recovery in its crucial aviation segment. But unfortunately, the company has a troubled past. Former CEO Jeff Immelt has been widely criticized for making big bets on fossil fuel technologies. Specifically, he bought many oil and gas services and a major gas and steam power business (from Alstom), just as the energy transition toward renewables started gathering momentum.
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Source Fool.com
