MCD - 2 Growth Stocks to Hold for the Next 15 Years
2023-09-16 06:36:00 ET
The right growth stocks can deliver incredible returns for investors who are patient enough to hold them for many years. But for every long-term winner like that there are many more investments that fail to live up to the high expectations that shareholders place on them.
Unfortunately, there's no foolproof way to be sure that you have a portfolio-defining growth stock in your sights. But you can boost your odds of success by focusing on high-quality businesses with strong track records. It makes sense to own a collection of these investments, too, so that you can maximize your exposure to potential winners.
With that goal in mind, let's look at a few stocks that have enjoyed excellent growth in recent years. While they are in different phases of their expansions, Lululemon Athletica (NASDAQ: LULU) and McDonald's (NYSE: MCD) share some characteristics that could mean further market-thumping returns over the next 15 years.
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2 Growth Stocks to Hold for the Next 15 Years