Monday, July 24, 2023

Buying These Stocks May Have You Feeling Like Warren Buffett

Good Morning,

Warren Buffett is famous for saying that his favorite duration for holding unto a stock is forever. And you don’t have to follow the Oracle of Omaha very closely to know that he practices what he preaches. Consumers know his affinity for Apple products – and the company’s stock. They also know he’s a fan of railroad stocks.  

But if there’s one company that Buffett may be identified with the most it’s Coca-Cola, a stock that lives in the consumer staples sector. This is a sector where investors will find companies that provide goods and services that are essential to consumers regardless of what is happening in the economy.  

The ability for these companies to generate consistent revenue and earnings also means there’s less volatility with these stocks. They’re boring, but that’s not a bad criteria to choose when looking at long-term stocks.  

Consumer staples stocks are a great way to invest in companies that provide essential goods and services. These stocks tend to be less volatile than others, making them a good choice for investors who want to minimize risk. Consumer staples stocks are also typically less affected by economic downturns, making them a good choice for long-term investors. 

And when you consider that many of these stocks pay consistent, and in many cases growing, dividends, investors have an opportunity to get income along with growth. And if they reinvest the dividend to enjoy the benefit of compound growth over time. 

In this special presentation, we focus on seven consumer staples stocks that you can buy and hold forever. You don’t have to own all of these stocks, but owning one or two can help shore up the foundation of your portfolio.  

View the 7 Consumer Staples Stocks You Can Buy and Hold Forever

Rebecca McKeever
MarketBeat


Today's Bonus Report -->

URGENT WARNING About United States Bank Accounts (Ad)

The mainstream news isn't breathing a word about it… … but the government is about to unleash a shocking change to bank accounts in the United States. It's going to rip away your privacy and control of your savings.

Click here to discover what the government's change is.


 

 
This message is a paid advertisement sent on behalf of a third-party advertiser of MarketBeat. Why did I receive this email?
 
If you have questions about your subscription, feel free to contact our U.S. based support team via email at contact@marketbeat.com or leave us a voicemail at (844) 978-6257.
 
If you would no longer like to receive promotional emails from MarketBeat advertisers, you can unsubscribe or manage your mailing preferences here.
 
© 2006-2023 American Consumer News, LLC dba MarketBeat.
326 E 8th St #105, Sioux Falls, SD 57103. United States.
 
Today's Bonus Content: The single greatest medical breakthrough of all time?

No comments:

Post a Comment

WARNING: Why 31 Billionaires Are Getting OUT (Including: Elon Musk, Warren Buffett, Jeff Bezos)

Are 31 billionaires (including: Warren Buffett, Jeff Bezos, and Elon Musk) preparing for the biggest stock market event of 2024? ...