Best Long-Term Stocks To Survive The Coronavirus Sell-Off
March 11 2020 - Best Long-Term Stocks To Buy And Watch During Coronavirus Correction By Investors Business Daily
Remember the story you heard growing up about the tortoise and the hare? In the search for the best long-term stocks, the hare is your typical supercharged growth stock. It has soaring earnings, even faster price gains, and can surge with a monster move in just a few months.
A true long-term investment is that slow and steady tortoise. Given enough time, the best long-term stocks can outperform even the quickest hares. Even better? While sometimes a bit boring, they can deliver a steady ride to life-changing profits.
In the quest to find the best long-term stocks, investors might do well to consider a blended approach of two great investors: Warren Buffett and William J. O'Neil.
Buffett uses the classic buy-and-hold strategy. Find great long-term investments and hold them for years at a time. Sometimes forever. Bill O'Neil, the founder of Investor's Business Daily, uses his CAN SLIM method. It entails actively trading high-growth stocks over weeks and months, rather than Buffett's years-to-decades style. Blending the two investing strategies led Investor's Business Daily to create IBD Long-Term Leaders, a list of some of the best long-term stocks to buy and watch right now, based on factors including earnings stability as well as solid growth and price performance.
This approach addresses an issue raised by many investors: They love growth stocks, but don't have the time to trade on a daily or weekly basis.
Data as of March 4, 2020
Best Long-Term Stocks: TransDigm Vs. Apple
When people think of great long-term investments, inevitably Apple (AAPL) will come up. Going back to 2004, Apple stock has had a spectacular move. It invented groundbreaking products, starting with the iPod to the always improving iPhone. These creative products along with its popular laptops and iMacs made Apple a household name.
But have you ever heard of TransDigm (TDG)?
TransDigm, a relatively small aerospace parts manufacturer, significantly outperformed Apple stock since 2009. Look at the chart below. TDG stock is up 3,600% vs. AAPL stock's 2,000% gain. The move for TransDigm came in classic tortoise fashion — slow and steady won the race.
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