3 Stocks to Buy and Hold for 2 Years
Investors who are looking for stocks to buy and hold for two years should seek to purchase the shares of profitable companies. Such investors should also try to find names that are poised to exploit very strong trends over the next 24 months. Meanwhile, I continue to believe that many other commentators are significantly overstating the risk of a recession. As I explained in a previous column, consumers’ high savings level and the strong job market should keep consumer spending elevated, preventing a recession. Finally, there has been a great deal of commentary about the ways in which the current economic environment resembles the 1970s. But there are also many similarities with 199 4, when the Federal Reserve carried out rapid rate hikes. As in 1994, we are currently around two years removed from an economic downturn, we’re in the midst of major technological improvements, and we have a major, positive macro economic catalyst. Ironically, the major macro catalyst then was globalization, while now it’s the construction of many factories in the U.S.
3 Stocks to Buy and Hold for 2 Years
Investors who are looking for stocks to buy and hold for two years should seek to purchase the shares of profitable companies. Such investors should also try to find names that are poised to exploit very strong trends over the next 24 months. Meanwhile, I continue to believe that many other commentators are significantly overstating the risk of a recession. As I explained in a previous column, consumers’ high savings level and the strong job market should keep consumer spending elevated, preventing a recession. Finally, there has been a great deal of commentary about the ways in which the current economic environment resembles the 1970s. But there are also many similarities with 199 4, when the Federal Reserve carried out rapid rate hikes. As in 1994, we are currently around two years removed from an economic downturn, we’re in the midst of major technological improvements, and we have a major, positive macro economic catalyst. Ironically, the major macro catalyst then was globalization, while now it’s the construction of many factories in the U.S.