TREX - 3 Stocks to Buy and Hold for Decades
The S&P 500 -- along with its predecessor, the S&P Composite -- has only lost value in two 10-year periods dating back to 1926: once around the time of the Great Depression and again in the decade stretching from the peak of the dot-com bubble to the beginning of the Great Recession. That's it. While that goes to show the importance of diversifying your investments into multiple asset classes, it also goes to show the power of investing in stocks with a long-term mindset.
With that in mind, we recently asked three contributors at The Motley Fool for a stock they'd be willing to buy and hold for decades. Here's why they chose Repligen (NASDAQ: RGEN), Trex (NYSE: TREX), and TerraForm Power (NASDAQ: TERP).
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