WM - 3 Infrastructure Stocks You Can Buy and Hold for the Next Decade
In times of market turbulence, there is an awful lot of value in "set it and forget it" kinds of stocks. These are mature businesses that probably aren't going to see huge revenue growth, but can consistently generate results that can add up to market-beating returns. Infrastructure is an industry chock-full of slow-growing businesses, but even among these slow growers, there are some that stand out as great stocks to hold for the long term.
If you're an investor looking to add some "set it and forget it" stocks to your portfolio for the next decade, then you may want to consider Federal Signal Corp (NYSE: FSS) , Canadian Pacific Railway (NYSE: CP) , and Waste Management (NYSE: WM) . Here's why.
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3 Infrastructure Stocks You Can Buy and Hold for the Next Decade