BROS - 2 Stocks Under $100 You Can Buy and Hold Forever
2023-12-23 09:45:00 ET
Finding companies you can buy and hold over the very long term is the key to successful investing. Not only does trading in and out of stocks typically diminish returns, but it also interrupts the compounding that leads to positive long-term results. The trick is to identify those companies with strong-enough fundamentals to want to hold forever.
Here are two businesses that have put up impressive results and have bright futures. They're also both trading for less than $100, meaning investors with limited funds can consider these stocks for their portfolios.
Dutch Bros (NYSE: BROS) might be the fastest-growing coffee company you've never heard of before. Operating in 16 states, it has been rapidly adding to its store count in order to gain market share of this important part of the consumer economy.
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2 Stocks Under $100 You Can Buy and Hold Forever