10 best stocks to buy and hold forever

Join the NASDAQ Community today and get free, instant access to portfolios, stock ratings, real-time alerts, and more! The situation presents something of a conundrum for action-thirsty traders. The economy is on relatively firm footing, and stocks are worth owning.

Top 35 Canadian blue chip stocks

But, stocks are also at frothy prices, working against any further sizable near-term gains. Rather than the usual stock-jockeying traders love to do, now's the time to switch gears and think long-term.

In many regards, 3M MMM could be viewed as something of a mini-mutual fund.

Buy and Hold These Dividend Stocks Forever MDPC – Yahg – Investors Alley

The company sailed through the recession largely as if it wasn't even happening, with only a modest lull in its bottom line. Simply said, very few other names on this list - and any similar list of reliable dividend stocks - have the track record of dividend growth that 3M can boast. The company has steadily ramped up its quarterly dividend from In other words, 3M is a company that is serious about sharing the wealth, and reliable when it comes to producing it.

More of the same is on the way too, as - like it or not - there will always be a poor-credit market to address. There's no value issue, either. The only sore spot may be relatively unenthused analyst opinionsbut Wall Street has been more wrong than right so far. One of the hangups some investors have with owning a name like General Mills GIS is its potential to be trapped an unfavorable commodities market.

Oh, those consumers generally grumble about rising prices of groceries, sure … but they don't stop eating them. That's not to say there's no impact on the company's bottom line as grain prices rise. It's just to say it's not as dramatic as you might suspect. Point being, until consumers stop eating altogether, General Mills will be a consistent producer.

Put Southern Co SO on your list of top stocks to buy for the long haul, but be prepared for one annoying oddity: Look for SO to be weak when other stocks are strong, and look for SO to be strong when other names are weak. That's because Southern Co is a utility name, and usually counter-cyclical. That is, the crowd flows into the safety of uber-reliable income-producing companies when there's a threat to cyclical arenas like technology or materials; nobody cancels their electricity or water service when money gets tight.

And they flee from safety and into riskier assets when economic growth appears to be at hand. Either way, Southern Co has a heck of a dividend payment historyand kept paying them regardless of the environment. The current yield stands at a healthy 4. This one isn't a tough one to figure out. Alphabet GOOGLGOOG - the company formerly known as Google - is the dominant name in web search in the U.

The proof of the pudding? And it wasn't just marginal growth. The top and bottom lines have been expanding at ipl a money making machine paces for the past decade, and we've only started to scratch the surface of mobile. But it's a diversified name that sells a broad based of products that consumers will always need.

Its brands include Band-Aid, Tylenol and Doxil, as well as a variety of glucose monitors and surgical devices are just some of the goods the company sells. That diversified revenue stream lets the company thrive in good times, and stay afloat when things are lean.

No list of best stocks to buy and hold for the long haul would be complete without some exposure to the financial sector. Wells Fargo WFC is the best overall way to make that play. That said, it's considerably less reliant on volatile and erratic trading and investment banking revenue than the vast majority of other big banks. With size, WFC achieves leverage and an economy of scale, and competitors are still trying to catch up with its retail customer dominance.

Think the only sure things in life are death and taxes? There are at least two more: VZ is one of them, but hardly the only one.

So why is T one the best stocks to buy, south australian arid lands biodiversity strategy or out of the telecom sector? It's the biggest, for one. It's becoming a powerhouse in video, and is leveraging its current video offer to sell other services. Ditto for its acquisition of DirecTV.

Speaking of garbage pickup, be sure to add "the" name in waste management, which just so happens to be Waste Management 10 best canadian stocks to hold forever. The creative-name-challenged outfit is almost assured to generate revenue in perpetuity regardless of what the economy throws at it. Monopolies are technically illegal, but they're effectively inevitable. There really is room for only one player in most markets, and leveraging its size and fiscal strength, Waste Management is very often that name.

It's one of the few so-called "wide moat" stocks nobody ever thinks about owning. This little data nugget free forex training uk up its profile on that front: Waste Management has upped its dividend for 13 straight yearsand that's not apt to change anytime soon.

The current dividend yield of 2. WM can also easily afford to pay that dividend. The proverbial X-factor that gives an underappreciated edge ato tax share trader Waste Management is mounting recycling regulation. The Resource Conservation and Recovery Act options and futures option trading strategies ebook are getting tougher by the month, which means customers retail off-exchange forex examination (series 34) increasingly leaning on well-positioned outfits like Waste Management to get it right.

Last but not least, it may be a cliche year pick, but that doesn't mean it's not a good one; Berkshire Hathaway BRK. B would be an easy and safe "buy it and forget it" stock.

On the off-chance you're not familiar with Berkshire Hathaway, it's the insurance company that Warren Buffett started to turn into a market place studios stockport many many years ago, and never stopped.

While Warren's 10 best canadian stocks to hold forever these days is shrinking as he gradually passes the torch to his proteges, those trainees are being well-groomed in the "Warren Buffett way" of thinking and investing as if they'll own a company forever. The results speak for themselves. The post The 10 Best Stocks to Buy for the Next 10 Years appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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