Many are asking, “what is the best long term investment”? Well, most investors have the notion that the market cannot be timed. This is why they look out for the best stocks that they can hold for the long term. In the course of this article, we will be peeking at the 10 best stocks to hold for long term investment.
The 10 Best Stocks For Long Term Investment
Our collection includes some of the best and proven companies that have over the years shown their capacity. Without further ado, below are the best stocks to buy for long term investment.
1. Apple (APPL)
Apple is the first company in the United States of America to have a market capitalization of $1 trillion. Also worth noting is that as of September 30, 2021, Apple was the largest holding in the Berkshire Hathaway portfolio with a value of $129.4 billion.
They pay a quarterly dividend of 22 cents per share. This is why having an apple stock is good for the long term. The business of the Apple brand is constantly booming, and having their stock is a sure-fire way to boost your income portfolio.
2. Dover (DOV)
Dover is a Chicago-based company in the USA that focuses on fluid management, manufacture of support systems, and industrial products. They are a dividend powerhouse and have been increasing their annual cash dividend since 1972. It is important for an investor to know that Dover pays quarterly dividends that total $1.99 per share.
3. Microsoft (MSFT)
Did you know that Microsoft is the third company in the United States of America to reach a market capital of $1 trillion. Microsoft no longer relies solely on its office software and windows operating system suite for income. As an investor willing to diversify your income portfolio, it is important to note that you will get a dividend of 62 cents per share for each of the first two quarters of fiscal year 2022.
4. McDonald’s (MCD)
Another interesting stock worth owning for the long term is McDonald stock. They are the biggest food chain in the United States of America. Since 1977, McDonalds as a food brand has been increasing its dividend payment. If you wish to diversify your income portfolio, then McDonalds is the go-to stock, especially if you want to invest long-term.
5. Johnson & Johnson
Johnson & Johnson is a healthcare giant that is based in New Jersey. Veteran investors in America usually refer to this pharmaceutical company as a dividend aristocrat. In the year 2021, they increased their paid dividends to $4.19 from $3.98 from 2020 to 2021.
This pharmaceutical is trusted by American consumers, so their profit is not questionable. If you are looking for a stock to invest in for the long term, then make the Johnson % Johnson stock a must-invest.
6. Alphabet (GOOGL, GOOG)
This is a tech giant conglomerate that is controlling a lot of cash and securities. In the United States of America, Alphabet became the fourth company to have a market cap of more than $1 trillion. As an investor, it is important to note that there are two classes of publicly traded Alphabet shares. For a class A share, there is a symbol GOOGL, which confers one shareholder vote.
Also, for a class C share, it is traded under the symbol GOOG, with no voting rights. The class B shares are held by the founders and executives of Alphabet, who have 10 votes per share. It is important for a potential investor to note that Alphabet is an interesting stock that is worth investing in for the long term.
7. Amazon.com (AMZN)
It would not be wrong to assert that Amazon is the second-largest retailer in the world, with its revenue second only to Walmart. Just like Microsoft, Amazon is a brand that relies a lot on cloud computing to drive profit and increase its revenue. If you invest stocks in Amazon, you will get a profit turnover yearly. As Amazon.com gets richer, your profit portfolio gets better.
8. Berkshire Hathaway (BRK.A BRK.B)
This is a company that is controlled by Warren Buffet. As an investor, you need to understand that Berkshire Hathaway offers two stocks that can boost your income portfolio. There is the Berkshire Hathaway Class A stock known as the BRK.A, and there is the class B stock known as BRK.B.
The class A stock of Berkshire Hathaway is very expensive for beginner investors. However, the class B stock is very much affordable at a lower price: $319.14.
9. Medifast Inc (MED)
This is a business that is based in the USA with a very large valuation. They have a tangible dividend and a long track record of revenue growth. Medifast is a weight-loss giant that slumped a bit last year, but worth investing in. If you are looking for a stock worth investing in for the long run, Medifast is worth considering.
10. Lowe’s Cos. Inc (LOW)
This is a firm that is valued at $150 billion. With the housing market getting more valued in the USA, investing in Lowe for the long run is a good way to diversify your income portfolio. It is important to note that the YTD return of Lowe Inc is 11.9%.