In Warren Buffett 's 1988 shareholder letter, he famously said his favorite holding period for a stock is "forever." That should be every investor's goal: to buy stock in great companies and hold onto those shares. Of course, forever doesn't actually mean forever; it means until you reach whatever milestone that caused you to start investing -- like retirement or the purchase of a new house.
I think companies like Adobe Systems (NASDAQ: ADBE) , Axon Enterprise (NASDAQ: AXON) , and Walt Disney (NYSE: DIS) fit this bill perfectly. Here's why these three great stocks can be in your portfolio "forever."
Adobe's software-as-a-service (SaaS) offerings span from creative content and digital documents to customer experience management.
For further details see:
3 Great Stocks You Can Buy and Hold Forever