Health concerns might seem a long-term headwind against the business, but growth has been steady for years, and margins continue to improve. Lamb Weston also has a consumer business (including a small segment that manufactures frozen vegetables), while serving restaurants of all sizes. In fact, it manufactures the well-known fries at McDonald’s (NYSE: MCD), among other restaurant chains.
Lamb Weston (NYSE: LW) was spun off from Conagra Brands (NYSE: CAG) last year. Here are ten such retirement stocks to buy and hold forever. Both went bankrupt as cameras changed from film to digital.īut there still are stocks to buy and hold out there that can last forever, while offering dividend income along the way. Polaroid and Eastman Kodak were once blue-chip stocks. United States Steel (NYSE: X) once was a pillar of corporate America and a buy-and-hold stock. General Motors (NYSE: GM) was a classic “widows and orphans” stock until the last decade when GM wound up going bankrupt. In any era, amassing a collection of retirement stocks simply by buying the best companies and holding them for years can be a risky endeavor.
Industries like energy, real estate and even consumer products are facing potentially significant long-term changes going forward. Investing to “buy and hold” is trickier than it looks. The increasing pace of technological change means even the most successful, dominant companies have to continually adapt to keep up. It has since been updated to include the most relevant information available. Editor’s note: “10 Buy-and-Hold Stocks to Own Forever” was previously published in May 2020.