7 Founder-Led Stocks to Buy and Hold Forever
According to Fortune, there are 21 founder-led chief executive officers (CEOs) in this year’s edition of the Fortune 500 . All seven of the founder-led stocks to buy and hold forever are from this list. The 21 founder-led CEOs range in age from 37 to 74, with an average age of 37. There are no female founder-led CEOs on the Fortune 500 . Between 1999 and 2014, founder-led companies were said to outperform those that didn’t have a founder in the CEO role by a factor of three . Of the seven stocks listed below, two appear in the top 10 holdings of the Global X Founder-Run Companies ETF (CBOE: BOSS ). Over the past five years, BOSS has generated an annualized total return of 11.08% through May 31. While it’s not as good a return as the SP 500 , it’s more than adequate. 7 Great Dividend Stocks Under $25 Founders that lead their companies are more engaged in the job than outside hires. These seven founder-led stocks have what it takes to continue delivering for shareholders: Ticker Company Price TSLA Tesla, Inc. $664.63 NVDA Nvidia Corporation $160.74 CRM Salesforce, Inc. $169.99 BX Blackstone Inc. $100.92 STLD Steel Dynamics, Inc. $70.98 SQ Block, Inc. $64.77 APO Apollo Global Management, Inc. $50.47 Founder-Led Stocks to Buy: Tesla (TSLA) Source: Rokas Tenys | Shutterstock.com To say that Tesla (NASDAQ: TSLA ) is a founder-led stock is a bit of a misnomer.
7 Founder-Led Stocks to Buy and Hold Forever
According to Fortune, there are 21 founder-led chief executive officers (CEOs) in this year’s edition of the Fortune 500 . All seven of the founder-led stocks to buy and hold forever are from this list. The 21 founder-led CEOs range in age from 37 to 74, with an average age of 37. There are no female founder-led CEOs on the Fortune 500 . Between 1999 and 2014, founder-led companies were said to outperform those that didn’t have a founder in the CEO role by a factor of three . Of the seven stocks listed below, two appear in the top 10 holdings of the Global X Founder-Run Companies ETF (CBOE: BOSS ). Over the past five years, BOSS has generated an annualized total return of 11.08% through May 31. While it’s not as good a return as the SP 500 , it’s more than adequate. 7 Great Dividend Stocks Under $25 Founders that lead their companies are more engaged in the job than outside hires. These seven founder-led stocks have what it takes to continue delivering for shareholders: Ticker Company Price TSLA Tesla, Inc. $664.63 NVDA Nvidia Corporation $160.74 CRM Salesforce, Inc. $169.99 BX Blackstone Inc. $100.92 STLD Steel Dynamics, Inc. $70.98 SQ Block, Inc. $64.77 APO Apollo Global Management, Inc. $50.47 Founder-Led Stocks to Buy: Tesla (TSLA) Source: Rokas Tenys | Shutterstock.com To say that Tesla (NASDAQ: TSLA ) is a founder-led stock is a bit of a misnomer.