Warren Buffett has said the best time to sell is never, and though he often doesn't follow his own rules -- as the recent sale of all the airline stocks in his portfolio attests -- it remains a good guide for investors nonetheless. Finding good companies to invest in at the beginning means we can hold onto them for a lifetime, despite the headwinds they might encounter from time to time. The three stocks below are good candidates for the portion of your portfolio you can buy now and hold onto forever.
Two factors have typically informed an investor's decision to buy pharmaceutical giant AbbVie (NYSE:ABBV): its healthy dividend and its arthritis treatment Humira, one of the best-selling drugs of the past two decades. 3M (NYSE:MMM) gained a lot of national and global prominence during the COVID-19 pandemic because of its production of N95 masks and respirators that were essential protective equipment for healthcare and other front-line workers. During the coronavirus outbreak, food service leader Sysco (NYSE:SYY) learned it had a blind spot in its business: Its laser-like focus on restaurants, educational institutions, and hospitality businesses meant it was at risk if all of those businesses were simultaneously shutdown.
Source: Motley Fool
Related Articles:
- The Most Important Thing To Consider When Selecting A Dividend Stock
- 5 Healthcare Stocks With Growing Dividends Yielding In Excess of 2%
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
- Why We Are Dividend Growth Investors
- 3 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In this article, we discuss 5 best consumer staples dividend stocks to buy now. If you want to read our detailed analysis of the consumer st...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
Dividend stocks cater to investors who want less volatility and stable cash flow. Some dividend stocks offer a combination of respectable yi...
-
I stumbled upon some data a few years back that has altered my investment philosophy. According to data by Ned Davis Research and Hartford F...
-
Following a strong year for the S&P 500 and huge gains for the tech-heavy Nasdaq Composite, it's a lot more difficult to find reason...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.