Boring stocks to buy and hold almost always align with deeply established businesses. While they won’t offer the outstanding growth potential of aspirational ideas, they probably won’t leave you hanging when the going gets rough. And given all that’s transpired in the new normal, the going could get rougher than we might think. That’s not to say that speculation should be avoided at all costs. However, demand predictability also makes a strong case for itself. Therefore, investors should give strong consideration to these boring stocks to buy and hold forever.
Take the safer approach to the new year with these boring stocks to buy and hold: Procter & Gamble (PG): Procter & Gamble is boring but consistently profitable. Colgate-Palmolive (CL): Colgate may thrive on “self-dentistry.” Allstate (ALL): Allstate caters to a permanent and growing need. Caterpillar (CAT): Caterpillar may rise on burgeoning relevance. Kroger (KR): Kroger feeds into necessities (literally). Coca-Cola (KO): Coca-Cola is a consensus strong buy.Archer Daniels Midland (ADM): ADM thrives on rising demand.
Source: InvestorPlace
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7 Boring Stocks to Buy and Hold Forever
Posted by D4L | Tuesday, February 28, 2023 | ArticleLinks | 0 comments »________________________________________________________________
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