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5 Stocks to Buy and Hold Forever

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Nestle

nsrgy 5 Stocks to Buy and Hold ForeverLast on the list is the Swiss confectionery giant Nestlé (NSRGY).

Nestlé sells food and nutrition products; everything from baby formula and chocolate milk to instant coffee and packaged food. These are the kinds of products that tend to have stable demand, even in a recession. Times would really have to be hard for a person to forgo ice cream or chocolate candy.

Nestlé currently yields 3.1%, and as you have come to expect, that dividend is growing. Nestlé has grown its dividend every year since 1996, and its dividend has grown at a 12.5% annual clip since 2001. (Note: These rates are in the company’s reporting currency, the Swiss franc.)

Few companies in the world have as global a footprint as Nestlé. The company is active on every inhabited continent, and it gets 30% of its sales from fast-growing emerging markets. This is expected to be as high as 45% by the end of this decade, meaning that Nestlé has ample room for continued growth.

I cannot be certain of much in this world, but of this I have no doubt: 30 years from now, Nestlé still will be in business, and the company will be selling a lot more food and drink products than it is today.

Its dividend will be a lot higher, too.

Read More: Top 10 Dow Dividend Stocks for November

Charles Lewis Sizemore, CFA, is the editor of Macro Trend Investor and chief investment officer of the investment firm Sizemore Capital Management. As of this writing, he was long DEO, HEINY, NSRGY, O and UL. Click here to receive his FREE weekly e-letter covering market insights, global trends, and the best stocks and ETFs to profit from today’s exciting megatrends.


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/5-stocks-to-buy-and-hold-forever/.

©2014 InvestorPlace Media, LLC

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