5 Stocks You Don’t Have to Worry About

Buy-and-Hold is Weathering the Storm

It used to be that investors could buy stocks of solid companies and forget about them for many years. But the buy-and-hold approach has been really put to the test during this bear market. In fact, many now state that buy and hold as a strategy is forever antiquated.

Sure, buy-and-hold has seen better days, but to say that the style is dead is over the top.

There are some great discounts in the market today, and with the recession more than a year deep, we are closer to the end than the beginning.

I have five stocks that you should consider owning in your own buy-and-hold portfolio.

These names are companies with products that dominate their industry. They are well capitalized to withstand a prolonged downturn, and they are positioned to take advantage of weaker competitors. For these companies, a recession can actually be a positive.

Eventually the storm clouds will clear, and these five companies will thrive for the long term.

Next: Stock #1 – Abbott Laboratories