Our picks are not the usual suspects. Yet we think all of these stocks can quadruple in a decade.
WARREN BUFFETT SAYS HE AIMS TO HOLD STOCKS FOREVER. WE’RE A BIT LESS patient, but we like playing the long game—picking a few solid companies and hanging on for years, even a decade or more. Investing for the long haul can smooth out the risks of buying individual stocks, which may tumble or stay depressed for ages before taking off. A company’s innovations could take years to bear fruit. Moreover, businesses with attractive growth often trade at lofty prices that may not be sustainable. The longer you stick with a stock that has stumbled, however, the greater the opportunity to recoup losses (assuming the business rebounds as well). With dividend-paying stocks, you can also pocket a bit of income while you wait.
The following 10 companies all possess attractive long-range prospects. Each should expand its sales and profits at rates well above the market average for years. Because these companies are not enormous, their stocks have a reasonable shot at quadrupling over the next 10 years (meaning annualized gains of 15%, or roughly double the projected return, including dividends, of the broad U.S. market).
Investing for the next decade doesn’t mean you can tuck these stocks away and forget about them. You’ll still need to follow them, and you may have to sell if cracks emerge in the business. Still, if these companies can build on their recent successes, they should deliver superb long-term returns, turning dips in their stock prices into distant memories.
(The stocks are listed alphabetically. Prices and other data are as of September 30. Price-earnings ratios are based on estimated year-ahead profits.)
Acuity Brands (symbol AYI)
SHARE PRICE: $265
MARKET CAPITALIZATION: $11.6 BILLION
PRICE-EARNINGS RATIO: 27
DIVIDEND YIELD: 0.2%
ãã®èšäºã¯ Kiplinger's Personal Finance ã® December 2016 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ Kiplinger's Personal Finance ã® December 2016 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
A SOLID YEAR FOR THE KIPLINGER 25
All but one of our favorite actively managed, no-load mutual funds gained ground as markets recovered.
YOUR VACATION HOME COULD PROVIDE TAX-FREE INCOME
If you plan to rent out your vacation home, it's important to understand how your proceeds will be taxed.
IT'S NOT YOUR IMAGINATION: YOUR CEREAL BOX IS SHRINKING
To avoid raising prices, some manufacturers are reducing the size of common grocery items. Hereâs how to fight back.
SHOULD YOU WORRY ABOUT BEING LAID OFF? IT DEPENDS ON YOUR INDUSTRY
Downsizing has hit certain sectors. But cutbacks may be slowing, and some companies are expanding.
How identity thieves are exploiting your trust
Con artists themselves are disguising as well-known brands to steal your money and personal information.
CUT THE COST OF YOUR WIRELESS BILL
AT&T, T-Mobile and Verizon dominate the market, but smaller outfits offer similar network coverage at lower prices.
MAKING HOME ENERGY MORE AFFORDABLE
Households in need can get energy-efficiency upgrades, help with utility bills and more from this nonprofit.
A HEAD START FOR SAVERS
The Saver's Credit is designed to help low- and middleincome taxpayers contribute to a retirement account.
Say I Love You With a Money Date
To nurture a lasting bond with your partner, meet regularly to talk about money.
Plan for Your Own Elder Care
AFTER I wrote a series of columns in 2022 about elder care planning for family members, I received a number of responses like this one: âWhat about married couples who have no children or whose family members donât live nearby?â wrote one reader. âOr a single individual with no close relatives? How should these people plan for their own elder care?â