2 Soaring Stocks to Hold for the Next 20 Years
The stock market's recent volatility has overshadowed some of the tremendous returns that many stocks have experienced over the past several years. Some retail stocks that are household names are particularly worth considering.Amazon (NASDAQ: AMZN) and Costco Wholesale (NASDAQ: COST) have risen by 94% and 115%, respectively, over the past three years. Over that same period, the S&P 500 has gained only 55%.While there are no guarantees that these stocks will continue to soar over the next two decades, the companies' strong competitive advantages in their respective markets make it more likely than not that they'll remain great investments. Here's why now would be a good time to buy them.Continue reading
The stock market's recent volatility has overshadowed some of the tremendous returns that many stocks have experienced over the past several years. Some retail stocks that are household names are particularly worth considering.
Amazon (NASDAQ: AMZN) and Costco Wholesale (NASDAQ: COST) have risen by 94% and 115%, respectively, over the past three years. Over that same period, the S&P 500 has gained only 55%.
While there are no guarantees that these stocks will continue to soar over the next two decades, the companies' strong competitive advantages in their respective markets make it more likely than not that they'll remain great investments. Here's why now would be a good time to buy them.
