GIS - 3 Roaring Stocks to Hold for the Next 20 Years
Despite the occasional flash of bullish brilliance, the broad market is still losing ground. This means most individual stocks are doing the same. There are a few tickers, however, shrugging off the sweeping weakness and achieving surprisingly consistent gains.
Such persistent bullishness in and of itself doesn't make these stocks great long-term buys. Yet, three of these currently roaring stocks also happen to be names you can feel good about stepping into for the next decade or more. Let's take a closer look at them.
Rampant inflation may be a problem for consumers, but not for food companies like General Mills (NYSE: GIS) . Its stock is priced just under record highs hit earlier this week because it's been able to pass along its higher costs to shoppers, who of course have to eat. For its fiscal year ended in May, General Mills saw comparable sales grow to the tune of 6% even as it increased by 7% the prices it charged its customers -- the grocery stores that in turn sell this food to consumers.
For further details see:
3 Roaring Stocks to Hold for the Next 20 Years