Stocks

3 Resilient Stocks for a Lifetime of Investment Returns

Published June 18, 2024

When considering long-term investments, selecting stocks with robust business models is crucial for enduring economic fluctuations and market volatilities. Companies with resilient operations and sustainable competitive advantages are able to provide investors with consistent growth and profitability over extended periods. With that in mind, there are three stocks that surface as ideal picks for a 'buy and hold forever' investment strategy: Vertex Pharmaceuticals VRTX, Apple Inc. AAPL, and Costco Wholesale COST.

Vertex Pharmaceuticals Inc. VRTX: A Pillar in Biopharmaceuticals

Based in Boston, Massachusetts, VRTX has carved a name for itself in the field of biopharmaceuticals. It's considered a leader in developing treatments for cystic fibrosis, and the firm's focus on research and development promises a pipeline of potentially revolutionary drugs. This dedication towards innovation, combined with the long-term reliance on pharmaceuticals by an aging global population, makes VRTX a compelling stock to buy and hold indefinitely.

Apple Inc. AAPL: The Tech Titan

With a reputation as the world's largest technology company by revenue and standing as the most valuable company globally, AAPL continues to dominate the tech scene. Specializing in consumer electronics, computer software, and online services, AAPL has established a broad ecosystem that retains customer loyalty. Its brand strength and market leadership in several sectors—from smartphones to personal computers—supports Apple's position as a staple holding in any long-term investment portfolio.

Costco Wholesale COST: A Retail Powerhouse

COST operates a successful chain of membership-only big-box retail stores, ranking as the fifth-largest retailer worldwide. With a diverse product range that includes groceries, electronics, and more, COST capitalizes on a proven business model focused on high sales volumes and low margins. Its competitive strategy has led to a strong brand following and remarkable consistency in sales growth, making Costco a top stock choice for investors aiming for stability and long-term gains.

Investment, Technology, Retail