3 Stocks You Can Buy and Hold Forever

So much can change in just a few years, making the idea of holding a particular stock forever seem like a bad idea. But there are a few companies that are so strong, with durable competitive advantages and long track records of success, that investors can feel comfortable simply buying and holding their stocks for the rest of time. Here are three stocks that our Foolish contributors have identified as ideal buy-and-hold candidates.

A few years ago, Microsoft (NASDAQ:MSFT) seemed like a company that had lost its way. But under CEO Satya Nadella, the company has shifted its strategy to focus on mobile and the cloud. The athletic footwear and apparel industry has never been hotter, and there's no more recognized brand in the industry than Nike (NYSE:NKE). This is probably an answer I've given before, but given my healthcare bias, I see no reason why investors -- be they growth, value, or income seekers -- can't buy and hold Johnson & Johnson (NYSE:JNJ) forever.

Source: Motley Fool

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