Dividends4Life: 2 Stocks I'll Hold Forever

2 Stocks I'll Hold Forever

Posted by D4L | Tuesday, February 09, 2021 | | 0 comments »

Part of the joy of investing is seeing your good investments continue to grow, years after your initial purchase. Aside from the financial satisfaction that you get from seeing a stock's value rise over time, you also get to savor that oh-so-precious feeling: I was right. Once you've had enough self-congratulation, you can always choose to sell the stock and lock in your gains. But, if you're like me, there are a few stocks that just keep on giving so reliably that you'll never let them go. If you're looking to invest in something for the long haul, you'll probably be interested in these stocks too.

As a major pharma company, AbbVie (NYSE:ABBV) delivers for its investors by developing and commercializing new drugs, like its best-selling arthritis treatment Humira. There's two reasons AbbVie is worth holding forever: its skill with drug development, and its generous dividend. Abbott Laboratories (NYSE:ABT) is another healthcare stock that I'll hold forever. It sells consumer healthcare goods like Pedialyte, as well as medical devices like pacemakers, glucose monitors, and catheters.

Source: Motly Fool

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