ABNB - 2 No-Brainer Stocks to Buy and Hold for the Next Decade
2024-06-08 05:30:00 ET
Among the hundreds of options investors can choose from on equity markets, some companies look almost too attractive to pass up. These corporations typically have several key traits, including being the leaders in their respective industries, boasting competitive edges, and still having plenty of upside growth opportunities.
Stocks that tick all these boxes often deliver superior returns over long periods. Let's consider two examples: Roku (NASDAQ: ROKU) and Airbnb (NASDAQ: ABNB) .
Streaming giant Roku has faced several headwinds in the past couple of years. Rising prices have made it harder (i.e., more expensive) to get its famous namesake players to market. Roku also experienced a drop in top-line growth due to a decline in advertising spending.
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2 No-Brainer Stocks to Buy and Hold for the Next Decade