3 Stocks to Hold for the Next 20 Years

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17 September 2022

By : Quick Insurance Guru

It's easy to get sucked into the anxiety that can build from a volatile stock market.

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It's harder to focus on the tremendous wealth-building machine the stock market has been for decades.

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I'm referring to the methodical, long-term investing in outstanding businesses that investors like Warren Buffett keep to. 

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1. A different kind of coffee

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It sees an opportunity for 4,000 stores in the next 10 to 15 years, giving it a huge growth runway. 

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Dutch Bros went public just a year ago, and after an initial jump, the stock has been on a downward slide -- 31% lower in 2022 alone.

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But over the next 20 years, Dutch Bros stock should reward patient investors.

2. Unmatched in home improvement

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It was a big winner at the beginning of the pandemic when people were quarantined and taking care of home improvement projects.

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Sales increased 6.5% in the 2022 second quarter to $43.8 billion, and earnings per share (EPS) rose from $4.53 to $5.05, beating analysts' estimates of $4.95.

3. Leading apparel in a new direction

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Athleisure has been a growing phenomenon in the apparel industry, and Lululemon has led the charge for it to become a dominant, everyday trend. 

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In the second quarter (ended July 31), sales increased 29% year over year to $1.9 billion, and EPS increased from $1.59 to $2.26.

THANKS FOR READING!

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3 Stocks to Hold for the Next 20 Years