One of my favorite Warren Buffett quotes is "Our favorite holding period is forever," and I try to apply this wisdom to my own portfolio. There are many good reasons to sell a stock, but I like to go into every investment with the intention of holding on to the stock forever. With that in mind, here are three "forever stocks" that I have no intention to ever sell.
Buffett has said that people should buy stocks because they want to own the business, not because they want the stock to go up. Toronto-Dominion Bank (NYSE:TD), or simply "TD Bank," is a business I want to own. As oil prices have collapsed, energy stocks have plummeted. Times like these are great opportunities to buy the long-term winners at low prices, which is why I recently loaded up on National Oilwell Varco (NYSE:NOV). One of my favorite stocks in the market is and always will be Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B), even though Buffett has warned investors not to expect the performance of the past 50 years to continue.
Source: Motley Fool
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