2023-04-11 05:30:00 ET
In tough economic times, many companies see their revenue decline. And in good times, these companies may see just the opposite -- revenue takes off. It's fine to include these players in your portfolio. But it's also a great idea to buy companies that generally deliver earnings growth no matter what the market is doing.
The perfect place to look for these stocks is in the land of healthcare. That's because people need medicines or procedures regardless of the economic environment. These stocks usually won't make extreme moves. Instead, they may steadily lead your portfolio higher over time. Let's check out two stocks to buy now and possibly hold forever.
Intuitive Surgical (NASDAQ: ISRG) sells and leases robotic surgical systems to hospitals for a wide variety of minimally invasive procedures -- from hernia repair to hysterectomy. The company is the global leader by far, with nearly 80% market share, according to BIS Research.
For further details see:
2 Forever Stocks to Buy No Matter What the Market Is Doing