3 Top Stocks You Can Buy and Hold for the Next Decade
To buy and hold a stock for a decade may sound daunting, but it doesn't have to be. The stocks you pick can make all the difference -- if you're invested in businesses that'll not just stick around a decade from now but will have grown during the period, you should reap rich rewards.
Think businesses that are investing in the future, like clean-energy company NextEra Energy (NYSE: NEE). Or think companies that are positioned to ride some of the biggest emerging global trends, like payments processing giant MasterCard (NYSE: MA) and lithium manufacturer Albemarle (NYSE: ALB). You can easily buy these stocks today and hold them for a decade without losing sleep. Here's why.
Two words sum up the future of energy: renewable energy. Be it solar, wind, hydro, or natural gas, the world is warming up to cleaner energy resources, positioning a mega player like NextEra Energy for torrential growth.
Source: Fool.com
Albemarle Corp Stock
The stock is one of the favorites of our community with 25 Buy predictions and 3 Sell predictions.
As a result the target price of 175 € shows a positive potential of 49.34% compared to the current price of 117.18 € for Albemarle Corp.
