Finding stocks to buy and hold forever isn’t easy. When looking for such stocks, it’s important they meet four criteria.
First, they must have a strong business that is likely to continue to grow over the long term. Second, they should be profitable or likely to become so in the foreseeable future. Third, their chances of being hurt by competition should be low. And, finally, their valuations should be reasonable, or better yet, highly attractive. On that last point, the current bear market is actually working in investors’ favor by offering them better entry points.
Based on the above criteria, here are seven stocks to buy and hold forever.
This post originally appeared at InvestorPlace.