Every expert of the investment world can agree that the stocks market is irregular – and we all know it. In fact, not even the geniuses of the domain, such as Warren Buffett, can tell for sure which stocks are going to build you a fortune and which will turn out to be a loss. There are a couple of rules of thumb and, from then on, the best you can do is follow the news and try new things out.
Even so, there are a couple of stocks that truly work for everyone. Not only do these stocks offer you stability, but they are also great options to hold onto for entire generations. Let’s check them out!
Back in 2017, Buffett sold 30% of his stake, which led many people to believe that IBM may not be the ideal choice for long-term investment. Surprisingly enough, though, this company is a great option for long-term investments. Why?
Well, to begin with, the price-to-earnings ration is 12.8, which is much better than Facebook’s risky 38.8. Also, considering that IBM has 414,000 employees (more than the Minneapolis population), chances are it won’t be going anywhere anytime soon. All in all, the company is stable and has a good ration, so you can invest confidently.
Johnson & Johnson
This pharmaceutical giant is one of the few American companies that actually lasted successfully for decades. In fact, Johnson & Johnson has been holding up for nearly 56 years now – ever since John F. Kennedy was at the White House. Moreover, the company dividends were increased every year and statistics suggest that it will continue to grow.
Come and think about it, reinvested dividends accumulate a large number of shares—which can be worth a substantial amount if those shares appreciate. The stock has even doubled over the past 6 years leading to a current share price of $134!
How could we miss this one from our list? The company that started out as a small, humble online marketplace has now officially become the largest online retailer in the world. Their services are really good, their shipping goes all over the globe and, most importantly, the business is made by marketers themselves.
By the end of 2017, the stock price of Amazon had reached $988 without a single pronounced dip along the way.