Roses Are Temporary, but This Stock Trio Is Forever
Roses #Roses
(Barbara Eisner Bayer)
Love is in the air this Valentine’s Day, and most people are giving their significant others romantic expressions of their passion. But traditional gestures, like flowers and candy, have a very short shelf life, and after a few days, they’re all but a memory. Jewelry lasts quite a bit longer, of course, but not every budget has $1,000 sitting around to purchase a memorable trinket of gold and diamond jewelry.
There’s one other gift that not only brings lasting value and can keep giving… and giving. And that, of course, is the stock of a thriving U.S. company. It’s not that uncommon, really: Kanye West famously gave wife Kim Kardashian a $200,000 stock portfolio one Christmas, and Seattle Seahawks QB Russell Wilson gifted his teammates $12,000 worth of Amazon (NASDAQ: AMZN) stock in 2019.
Stocks are an outstanding present — not only for another person, but also for yourself. The key is to look for stocks to hold forever, and not just have a brief fling, unlike love, which may be just a passing fancy. Below is a trio of stocks that you can buy and hold and love forever.
Let’s start with one of the greatest companies of all time — Amazon.com. It’s where more than 150 million Prime users worldwide shop for their wares. The company claimed a 56.1% share of the online marketplace as of 2018, and has only grown since then. It also boasts a booming Amazon Web Services (AWS) business, which delivered more than $45 billion for the company in fiscal 2020. So why buy a gift from Amazon when you could own the stock?