[ad_1]
InvestorPlace – Stock Market News, Stock Advice & Trading Tips
Finding the right long-term stocks to buy is an attractive option for investors looking to maximize returns over the long term. It provides an opportunity to profit from long-term company growth as opposed to more volatile and unpredictable short-term investments.
The best long-term stocks to buy are a great way to grow your money over time. With the right strategy and research, you can ensure your investments work well and help you reach your financial goals.
Investments are not guaranteed. That’s why it’s important to analyze the market and focus on stocks that are reliable, low risk, and capable of delivering high returns over the long term. If you want to make the most of this new year, these dividend-rich, low-debt, and stable-earning stocks should be on your list. They will best benefit you as you venture through 2023.
| NOCs | Northrop Grumman Company | $463.13 |
| low | Lowes | $205.16 |
| cost | Costco | $489.74 |
Northrop Grumman Corporation (NOC)
Source: Mike Marlene / Shutterstock.com
Northrop Grumman Company (New York Stock Exchange:NOCs) has been a major US defense contractor since the 1930s, making it one of the best long-term stocks to buy. As a result of its long-term success, Northrop Grumman Corp. has become one of the most reliable and stable investments in the market.
Northrop Grumman continues to grow thanks to long-term government contracts. These are particularly beneficial during a recession and represent a reliable defense investment for companies.
In addition, Northrop Grumman has a significant market advantage with its new B-21 bomber offering superior automation capabilities. Sold at $700 million each and manufactured by Grumman, they offer investors peace of mind as they will last for decades.
On the dividend side, Northrop Grumman has steadily increased its dividend for 19 consecutive years. It gives the company a strong growth track record. With a payout ratio of just 19% of net income, dividend stocks have a promising future. This shows the potential for the company to grow over time.
Lowes (LOW)
Source: Helen89 / Shutterstock.com
Lowes (New York Stock Exchange:low) is a renowned home improvement company with over 70 years of experience in the industry. As one of the world’s largest home improvement retailers, Lowe’s is a popular choice for long-term investors.
Lowe’s has managed to increase profits year after year by maintaining comparable sales figures. We have been able to maintain positive same-store sales growth year-on-year for the last ten years. Despite its modest footprint, Lowe’s has the potential to significantly increase revenue.
with Lowes home depot (New York Stock Exchange:HD) is more competitive than its smaller rivals due to its larger scale. This increases purchasing power and allows you to buy goods and materials in bulk at discounted prices.
Strong sales and smart models have helped Lowe’s increase its dividend for more than 50 years. This earned the company the prestigious title of Dividend King. This is unusual even among the highest ranked dividend stocks.
Costco Wholesale Corporation (COST)
Source: Shutterstock
Costco (Nasdaq:cost) has a loyal customer base and is popular in good and bad times.
During recessions, people try to buy in bulk to save money, but in boom times, customers often flock to stock up on groceries and other household items.
Once again demonstrating its strength in adversity, Costco’s sales grew 5.3% from November 2021 to November 2022. This impressive success demonstrates the company’s resilience in difficult economic times.
Costco is an established leader in large-scale retail and has seen consistent growth over the years. Therefore, it is sure to rank among the top long-term investment stocks to invest in 2023 and beyond.
In 2004, Costco began distributing dividends, which increased each year. Although offering relatively low dividends, Costco occasionally pays special dividends when warranted by the business environment. One of the best stocks to buy.
As of the date of publication, Faizan Farooque did not hold any positions (directly or indirectly) in the securities referenced in this article. The opinions expressed in this article are those of the author, subject to the InvestorPlace.com Publishing Guidelines.
Faizan Farooque is a contributor to InvestorPlace.com and many other financial sites. Faizan has several years of experience in stock market analysis and former data for S&P Global Market Intelligence. He was a journalist. His passion is helping average investors make more informed decisions about their portfolios.
Three long-term stocks to buy when a new bull market emerges were first listed on InvestorPlace.
The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.
[ad_2]
Source link
