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monksnake (41.77)

Best Buy and Holds

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March 07, 2011 – Comments (11) | RELATED TICKERS: WM

Hello everyone.

I have a simple question for you all.  What single stock do you think is the best buy and hold forever?  Just asking for fun.

Ill go first.  My pick for best buy and hold is WM, Waste Management.  There will always be trash.  They are slowing becoming a dividend dynamo as well, currently near 3.7 % yield.

Disclosure:  I do NOT have any shares of WM, but after the economy collapses thanks to Washington : ), I plan on accumulating. 

 

 

 

11 Comments – Post Your Own

#1) On March 07, 2011 at 10:04 PM, rd80 (95.05) wrote:

McDonald's.

Disclosure:  Long MCD.

 

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#2) On March 07, 2011 at 10:09 PM, HarryCaraysGhost (86.23) wrote:

Ok, I'll play even though I have an obvious bias.

Visa-

This is my largest holding, and I think they'll remain the leader in electronic transactions as we move into a cashless society.

They just IPO'ed in April of 2008 so my plan is to grow old with this company.

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#3) On March 07, 2011 at 10:25 PM, soycapital (< 20) wrote:

I'd say PM but I haven't bought any yet. Not sure about "forever" but say next 20 years.

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#4) On March 07, 2011 at 10:25 PM, Valyooo (34.81) wrote:

PM, hands down.

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#5) On March 07, 2011 at 10:26 PM, Valyooo (34.81) wrote:

Also, nothing wrong with holding some indexes for life, SPY, IJR, MDY, etc

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#6) On March 07, 2011 at 10:48 PM, GenericInvestor (69.83) wrote:

PM, Macdonalds, Coke.

 

I would put PM (Philip Morris Int) as #1 buy and hold stock though. I own some but I am not buying right now because I feel like it's gone up too much. 

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#7) On March 07, 2011 at 11:54 PM, Momentum21 (95.41) wrote:

AZN and/or ABT

I like ABT right now but you are getting a greater discount on AZN if you are holding forever.

 

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#8) On March 08, 2011 at 12:06 AM, monksnake (41.77) wrote:

PM is ranked #2 on my buy and hold stocks.  It definitely has a proven track record (via MO). ABT also has an impressive track record. 

GE also seems like it could be a good one, but growth seems minimal over the long haul.

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#9) On March 08, 2011 at 12:41 AM, TheDumbMoney (68.83) wrote:

Not GE, not after 2008/2009, ho-no.  I love PM, but I don't know if I would put it number one, given that its litigation risks will only increase internationally as developing countries Liberalize, with a capital-L.  I too love ABT, but couldn't put it #1 because as a drug company it has to constantly create new products.  I'd probably have to go with KO, actually, or else with Berkshire.  Berkshire is going to be a wealth-generating monster for decades after Buffett dies.  The day he dies, when its price drops at least ten or maybe a much higher percent, is going to be a huge buying opportunity.  Funny, too, up until a year ago, I'm sure somebody would have said JNJ.

Long PM, ABT, WM, KO, BRK.B, MO, MCD, JNJ.  I've never heard someone answer this question with Visa, so I'm going to look into it more closely, thanks.

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#10) On March 08, 2011 at 8:57 PM, HarryCaraysGhost (86.23) wrote:

http://www.fool.com/investing/general/2011/02/25/is-visa-a-stock-for-the-long-term.aspx?source=itxsitmot0000001&lidx=7

Check this out, I agree with many of the points.

I'll have to hunker down and do a write up on Visa one of these days. Such a slacker ; )

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#11) On March 10, 2011 at 12:39 AM, Valyooo (34.81) wrote:

Yeah seriously, you need the V write up, I need to hear why you love it.

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