10 Stocks To Own Forever
Coffee Can Investing
Have you ever heard about Coffee Can Investing?
It’s a long-term investing strategy where you buy great companies without having the intention to sell them over the next few years or even decades.
Think about the ‘can’ your (grand)mother used as a piggy bank to save money.
So let’s ask ourselves this question today:
Which companies would I like to own for the next 50 years?
10 Stocks To Own Forever
10. Zoetis ($ZTS)
Company Profile
Zoetis operates as a leading animal health company, specializing in the development, manufacture, and commercialization of veterinary medicines and vaccines.
They cater to various species, including livestock and pets, offering a wide range of products to prevent, diagnose, and treat animal illnesses.
Their business model focuses on innovation, investing significantly in research and development to create advanced, and effective solutions for animal health.
Why will the company still be relevant in 50 years from now?
More and more people do not have a partner or children and buy a pet instead
Together with IDEXX, Zoetis dominates the entire industry
People spend more and more money on their pets
9. Old Dominion Freight ($ODFL)
Company Profile
Old Dominion Freight Line operates as a less-than-truckload (LTL) motor carrier in North America.
It provides regional, inter-regional, and national LTL services, including expedited transportation.
The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting.
Why will the company still be relevant in 50 years from now?
Old Dominion Freight is the best-run LTL carrier in the United States
The company has been around since 1934 (!)
The oligopolistic industry makes it hard for new competitors to enter
8. Stryker ($SYK)
Company Profile
Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices.
The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and spinal devices.
Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds a market-leading position in operating room equipment.
Why will the company still be relevant in 50 years from now?
The company is a clear market leader
Stryker will benefit from our ageing population
Medical equipment will always be needed and hospitals are very loyal clients
7. LVMH ($MC)
Company Profile
LVMH is a global producer and distributor of luxury goods.
The French company is a dominant force in the luxury industry with a diverse portfolio of brands that cover a wide range of consumer products and experiences.
LVMH operates more than 5,000 stores around the world. They are the second largest company in Europe after Novo Nordisk.
Why will the company still be relevant in 50 years from now?
Luxury never goes out of fashion
LVMH will benefit from the growing middle class in Asia
Excellent business with a shareholder-oriented mindset
6. Constellation Software ($CSU)
Company Profile
Constellation Software is a Canadian multinational corporation that acquires, manages, and builds software businesses. They focus on vertical market software (VMS), developing solutions tailored for specific industries or niche markets.
The company follows a unique business model where it acquires small to medium-sized software companies and allows them to operate independently under the Constellation umbrella.
Why will the company still be relevant in 50 years from now?
Constellation Software is the best serial acquirer in the world
The market for Vertical Market Software (VMS) is very attractive
The valuation isn’t cheap, but when you own a stock for 50 years, it doesn’t matter that much
Now let’s dive into the top 5.