Sunday, December 5, 2021

3 stocks I never expect to sell The Motley Fool

“Never” is a strong word. I can imagine selling off some or all of my stock—perhaps because I suddenly need a lot of money to pay medical bills, or because a stock just seems wildly overpriced and I’ve found a wildly underrated one that I’m more confident in.

Still, I own a lot of stocks that I plan to hold for maybe two more decades — well into my retirement. Some of them I have for a decade or two already. Here are three examples — stocks I don’t intend to sell any time soon — because they have done well for me and I expect more good things from them.

Image Source: Getty Images.

1. Costco

costco (NASDAQ:COST) A familiar name to most Americans. It’s also familiar to many people overseas, as it recently claimed a total of 820 stores, of which only 568 are in the US; Other locations include Canada, Mexico, Japan, the United Kingdom, and South Korea. (Here’s a promising little detail: It has a store in China.)

While many investors may be swayed by such performances Amazon.Com Or Microsoft, megaretailer Costco is growing at a relatively rapid pace. Its stock has risen in value more than six times over the past decade, without even counting dividends — that’s an average annual gain of more than 20%. It is now the third largest retailer in the world.

In fiscal 2021, Costco’s revenue jumped 17% to nearly $200 billion, while earnings per share rose 25%. Not bad for a veteran in the exciting world of discount retail. The company serves its three main components – customers, workers and shareholders – extremely well: it puts the markup on most items at around 14%, pays employees above-average wages (which will keep them longer). trend), and rewards shareholders with stock-price appreciation and even a dividend. That dividend yielded only 0.63% recently, but the company has occasionally issued a special dividend, such as the $10-per-share one in 2020.

2. Intuitive Surgical

spontaneous surgery (NASDAQ:ISRG) It is not widely known, but it has also become a giant in its own realm of robot-assisted surgery. Its stock has risen more than sevenfold over the past decade, and the company has recently sported a market value of close to $130 billion.

The company’s most recent third-quarter earnings report showed impressive numbers, such as 72% year-over-year growth in Da Vinci Surgical Systems, and an 11% increase in the system’s installed base worldwide. As the list grows, the da Vinci system has been approved for dozens of types of procedures. Intuitive provides a new system also known as ion.

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A stock with a price-to-earnings (P/E) ratio of 63 hasn’t been a bargain price lately. But I’m comfortable keeping it for a long time, as I expect it to continue to grow, with more and more systems installed around the world. They’ll generate billions of dollars not only from system sales, but also from ongoing sales of supplies, accessories and servicing — and many of Intuitive’s machines being leased these days generate ongoing revenue.

A couple is on the couch, looking at a laptop screen and smiling.

Image Source: Getty Images.

3. Apple

Apple (NASDAQ:AAPL) It’s been a phenomenal performer for quite some time, recently becoming the world’s most valuable public company, though it is now sharing the upper echelons with the likes of Microsoft and even Saudi Aramco. With a recent market price of $2.5 . Close trillion, the stock of the company has increased more than ten times in the last decade without counting the dividend.

There’s a lot to love about Apple, such as the breadth of its best-selling products, including the iPhone, iPad, iMac, Apple Watch, AirPods, and Apple TV+; They are the result of a very creative company that has a history of launching whole new product categories. It’s easy to imagine that Apple is constantly innovating to create a bigger and bigger ecosystem. Its Apple TV+ streaming service, for example, only debuted in 2019, and it already has over 30 million subscribers. Its ecosystem helps, as the company is offering a year of the service free to buyers of many new Apple products, in the hopes that they’ll keep paying for it once they like it.

Not everything is perfect in Apple land, as the company, like many others, is being challenged by supply-chain issues. But its long-term future looks good to me, and I plan to hold onto its shares for a very long time.

I don’t want to say that I will Never Sell ​​these shares, but there’s a really good chance that my heirs will inherit many of them. It can be a useful exercise to think about your own portfolio to determine which stocks are the ones you never want to sell. try it!

This article represents the opinion of the author, who may disagree with the Motley Fool Premium Advisory Service’s “official” recommendation status. We are Motivate! Questioning an investment thesis – even our own – helps us all to think critically about investing and make decisions that help us become smart, happy, and wealthy.

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