It's tough to justify owning a stock forever unless it has characteristics that enable it to continue growing over the long term. You need to look for key attributes so that the stock deserves a place within your portfolio and you can hold it forever.

These include a strong competitive moat and market position that enable the company to garner more customers. There should also be a long growth runway in terms of a large addressable market or the potential to expand use cases. These companies should also have strong management that has the foresight to take advantage of emerging trends and evolve to stay ahead of competitors.

Here are three growth stocks which fulfill those criteria -- and that you can consider owning for the rest of your life.

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Source Fool.com