2 Stocks to Buy Now and Hold for 5+ Years
Published by
Barchart
Barchart
Buying and holding stocks for the long term, at least five years, is an effective strategy to create wealth, as stocks have proven to be one of the highest-yielding asset classes over time. However, investors with a long-term view should focus primarily on shares of companies with solid growth catalysts and the ability to expand earnings at a decent pace, even at a large scale. From this perspective, Tesla (TSLA) and Amazon (AMZN) are two great stocks to buy and hold for 5+ years. Tesla and Amazon have both generated significant returns over the past decade that considerably outperform the S&P…