CTLT - 2 Stocks to Buy and Hold for Decades
It requires a long-term mindset, but buy-and-hold investing is the best way to build wealth. It reduces costly transaction fees, allows the greatest tax benefits, and reduces the temptation of mixing emotions with money. Even better, the process of buying great businesses at great prices and holding on for the long haul goes even further when growth stocks are involved.
Where should you start? Well, how about two businesses with excellent track records in a high-growth sector? Repligen (NASDAQ: RGEN) has delivered impressive growth by developing, acquiring, and selling bioprocessing products that help biopharma companies research, study, and commercialize biologic drugs. Catalent (NYSE: CTLT) manufactures drug products for customers across the pharmaceutical and biopharmaceutical sectors and recently made a huge investment in gene therapy manufacturing.
Here's why these are two growth stocks to buy and hold for decades.