ROKU - 2 Roaring Stocks to Hold for the Next 20 Years
2023-11-25 08:15:00 ET
Successful investing requires a long-term mindset. This might even be the single most important investment trait to have. Thinking in terms of decades instead of months or quarters is key as it forces investors to focus on the aspects that really matter, such as a company's fundamentals and growth outlook.
When looking at what stocks to buy and hold for the long haul, say the next 20 years, consider both Etsy (NASDAQ: ETSY) and Roku (NASDAQ: ROKU) . They have the makings to be winners for your portfolio over that time span.
While Etsy shares are down 76% below their peak price, they have jumped 11% in the last eight days. Perhaps investor optimism is rising once again for this online marketplace that sells unique and handcrafted goods. In fact, Etsy is a special business because 87% of buyers said the site sells merchandise they can't find anywhere else. In the hyper-competitive retail sector, this is a beneficial position to be in.
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2 Roaring Stocks to Hold for the Next 20 Years