HXL - 3 Growth Stocks to Buy and Hold for the Next 50 Years
The volatility in the marketplace right now is enough to scare off even the most seasoned of investors, but for those looking for an entry point into a long-term holding, it might make sense to start looking at some names. In this context, industrial software company PTC, aerospace composite technology company Hexcel, and machine vision company Cognex are worth a look. Here's why.
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To be clear, all three face significant end market headwinds in 2020 -- don't be surprised if they all lower full-year guidance -- but if you can stomach the near-term risk and take a very long-term view, then the long-term growth drivers of these stocks might make them attractive for you. I've put the key long-term opportunity and near-term risk in the table below.