2024-05-06 08:05:00 ET
If you're looking for quality stocks to hold for the long haul that also offer near-term return potential, you're in the right place. There are several outstanding companies that are coming off a challenging year but are starting to turn the corner, and their share prices are responding.
A team of Motley Fool contributors see positive momentum building at Amazon (NASDAQ: AMZN) , Walt Disney (NYSE: DIS) , and Coupang (NYSE: CPNG) . Here's why they believe now is a great time to buy these stocks .
John Ballard (Amazon): Amazon has been a rewarding investment for many years. The stock would have turned a $1,000 investment 10 years ago into $11,000 today. Amazon just posted first-quarter revenue growth of 13% year over year, which shows it still has a lot of opportunities to expand the business and create returns for shareholders.
For further details see:
3 Top Stocks to Buy in May