Which stocks you decide to buy and hold depends on what timeframe you’re looking at. Short-term traders aren’t looking at a long-term outlook of a company, and are subject to the rise and fall of the market. Short-term institutional investors have access to the tools that individual investors don’t have, making this a difficult game to win.
Long-term individual investors are usually far more successful, and the minimum holding period for most of these investors assumes three years. That timeframe lets business success do the heavy lifting of the stock price, and if you can find strong businesses that have growing prospects, you can utilize the one advantage individual investors have: time.
Three stocks that I think could have a monster three years ahead are (NASDAQ: AVGO), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Meta Platforms (NASDAQ: META). All three of these stocks have strong multi-year outlooks, and investors should look to scoop them up and hold them through 2028.
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Source Fool.com
