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Stock impact report

Want Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever [Yahoo! Finance]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Yahoo! Finance
Most companies can't maintain competitive advantages forever. Eventually, most businesses succumb to existential threats, such as competition or innovative disruption. Sometimes, entire industries go extinct, as do the companies in them. So, what do buy-and-hold forever stocks look like? For starters, they must operate in an industry that's unlikely to disappear. Healthcare is a great example. Next, you want to invest in companies that have proven they can stay relevant. Paying dividends is pretty solid evidence of sustained relevance. Or, more specifically, paying dividends that go up year after year . Since dividends are cash payments from a company's profits to investors, the business must keep growing to afford them. Now, it's time to put this framework into action. Here are three healthcare stocks poised to put passive income in your pocket for decades. Consider buying them now. 1. Abbvie: The pharmaceutical company long-term investors can depend on AbbVie (NYSE: ABBV Show less Read more
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