I get this question all the time: “what are some stocks that you’re holding for long term, you know at least 5 years out?”
Members of The PPT know that I list all of my positions on the sidebar, most of which are static and do not change on a weekly/monthly basis like most of my swing positions. If forced by gun point to pick just 5 stocks to hold for the next 5 years, these are the stocks I’d pick.
BID: The ultimate aspirational brand. When all currencies go to zero, collectibles will be the new currency.
GILD: The Apple of biotech.
HAR: Single best way to play high-end luxury automobile market.
HABT/SHAK: If it weren’t for SHAK’s absurd valuation, I’d pick SHAK hands down. Casual dining is my favorite long term hold. It’s worth noting, however, that the industry has undergone significant multiple expansion in recent years. Nonetheless, hamburgers will always be an investable concept in America.
FB: I bet most of you thought I’d pick YELP. Although I love YELP and believe the stock goes higher, FB is, by far, the must own stock in social media. It is a cash generating cow, which is something YELP hasn’t figured out how to do yet. When investing for long term, one must account for all sorts of scenarios, such as recessions and booms. FB is a keeper and can survive in any economic environment.
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