XOM - Want $1 Million in Retirement? 3 Stocks to Buy Now and Hold for Decades
2023-11-01 07:55:00 ET
Building wealth generally means long-term investing. That's holding great businesses for a long time, letting earnings grow and dividends accumulate for years. A diverse portfolio of great stocks can set you up for a comfortable retirement -- maybe even retiring a millionaire.
The industrial and energy sectors can be a great place to look because these companies are foundations for the economy. Stocks like ExxonMobil (NYSE: XOM) , Lockheed Martin (NYSE: LMT) , and Caterpillar (NYSE: CAT) have strong fundamentals and long-term growth opportunities to deliver long-term results.
Here is what you need to know.
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Want $1 Million in Retirement? 3 Stocks to Buy Now and Hold for Decades