3 Monster Stocks to Hold for the Next 10 Years
These healthcare stocks may be the building blocks of a winning portfolio.
3 Monster Stocks to Hold for the Next 10 Years
Overview
What's a monster stock? It's a well-established company that's demonstrated its strengths over time. You can count on this player for its portfolio of products and its ability to bring in revenue quarter after quarter. The healthcare industry is a great place to look for such investments. Here, you'll find many companies that have been around for years, selling blockbuster drugs and leading medical devices, for example.
These stocks may not deliver huge gains over a short period of time, but over a decade, they could help you generate a significant win. And these are exactly the sorts of building blocks that make a great portfolio. It's important to remember that, in investing, you'll increase your chances of success by holding onto stocks for the long term -- by this I mean at least five years. But 10 years is even better, as it offers the company the opportunity to grow -- and this period may also reduce the impact of any downturns along the way.
Details
Let's check out three monster stocks to hold for the next ten years.
Source
Originally published at www.fool.com.
