Stocks

Investing for Eternity: Spotlight on AAPL and AMZN

Published February 21, 2024

When it comes to investing with a long-term horizon, the quest for finding stocks that one can buy and hold indefinitely is akin to searching for a financial Holy Grail. Yet, amidst the ever-changing economic landscapes and technological evolutions, some companies stand out with robust business models and products so deeply integrated into the fabric of society that their demand may persist forever. In this investment exploration, we illuminate why AAPL and AMZN, two titans of the tech industry, might just be the growth stocks you consider holding perpetually.

The Unyielding Orchard of Apple Inc. AAPL

With its foundation firmly rooted in innovation, AAPL, or Apple Inc., represents a pinnacle of progress within the technology sector. As an unrivaled leader in consumer electronics, computer software, and online services, Apple has sculpted a presence so dominant that it claimed the title of the world's largest technology company by revenue in 2020. The iconic brand that reshaped personal computing and telecommunication through devices like the iPhone and Mac continues to pivot and adapt, ensuring its relevance in an uncertain future. From a fourth-placed berth in both global PC unit sales and smartphone manufacturing, Apple is not just surviving; it's thriving and setting a stage for potential growth that could endure for decades.

Amazon.com's AMZN Ever-Expanding Empire

If AAPL is the orchard, then AMZN, Amazon.com, Inc., is the ceaselessly growing jungle of e-commerce, digital streaming, and AI—lush with innovation and dominance. As a member of the Big Five in the U.S. IT arena, Amazon has etched its influence deeply not only within economic threads but also across cultural landscapes worldwide. Holding the acclamation as the world's most valuable brand, Amazon's seamless blend of online marketplace supremacy and cloud computing prowess positions it as a company not merely riding the wave of current demand but also shaping the very wave future markets will ride on. This ability to adapt and grow seems to ensure that AMZN's stock is potentially a lifelong investment gem.

Investment, Growth, Hold