“3 Stocks You Can Keep Forever”
July 23, 2020
“1. Walmart
Walmart (NYSE:WMT) has a simple formula with a proven long-term success rate. Opening its first discount store nearly six decades ago, the retailer keeps costs low and passes these savings on to its customers. This sounds deceptively easy, but other companies have a hard time duplicating it. After all, keeping a lid on expenses is a core part of Walmart’s culture. With annual revenue reaching $524 billion last year, the proposition and execution clearly have staying power…
2. Costco
Costco (NASDAQ:COST) charges an annual membership fee to shop at its warehouse clubs, which sell a wide range of high-quality merchandise at low prices. The company also has a generous return policy, so that members have confidence in their purchases. This has worked well for the company during its nearly four-decade existence…
3. Johnson & Johnson
Admittedly, Johnson & Johnson‘s (NYSE:JNJ) second-quarter results slipped, with sales falling about 11% and earnings per share down nearly 35% versus a year ago. The coronavirus pandemic hurt the company’s top and bottom lines since people put off surgeries and purchases of health and beauty products…”
https://www.fool.com/investing/2020/07/23/3-stocks-you-can-keep-forever.aspx