This year has been challenging for investors. The market has taken a nasty fall as they weigh the near-term impact of rising interest rates on the global economy.
While the economy could slow in the coming months, it should grow in the decades ahead. That's why it's essential to have a long-term mindset. Many companies should continue expanding at healthy rates in the future because they focus on extended growth trends. Meanwhile, with their share prices lower due to the market sell-off, they look like even more attractive long-run investment opportunities.
Three companies that fit that bill are Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) , CrowdStrike Holdings (NASDAQ: CRWD) , and Prologis (NYSE: PLD) . Those with $5,000 in idle cash (or any other amount) to invest for the long term could earn excellent returns over the next two decades by putting that money into these stocks.
For further details see:
Got $5,000? 3 Stocks to Hold for the Next 20 Years.