3 Stocks I'm Not Selling, No Matter What the Market Does for the Next 20 Years
The author discusses three stocks they plan to hold for the next 20 years: Enbridge, Procter & Gamble, and International Business Machines, citing their diversification, dividend yields, and ability to adapt to changing markets. These companies have demonstrated stability and growth potential through their business models and innovation.
The author is holding onto three diverse stocks: Enbridge, Procter & Gamble, and International Business Machines, for the next 20 years. Enbridge, a midstream company, owns energy infrastructure and has a 5.4% dividend yield, with a history of annual dividend increases. Procter & Gamble, a consumer staples company, is a Dividend King with over five decades of annual dividend increases and a 3% dividend yield. International Business Machines, a technology company, has a 2.6% dividend yield and is adapting to changing markets through cloud computing and artificial intelligence. These companies have demonstrated stability and growth potential. Enbridge is shifting its portfolio to include clean energy assets. Procter & Gamble leads the industry through innovation. IBM has successfully adapted to changing markets, including a recent shift to cloud computing. The author's confidence in these companies is based on their ability to evolve and maintain industry leadership.
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