3 Stocks to Hold for the Next 20 Years

Royston Yang, The Motley Fool
·5-min read
3 Stocks to Hold for the Next 20 Years
3 Stocks to Hold for the Next 20 Years

Key attributes to look out for in a long-term holding include a brand name that is both recognizable and evokes positive sentiment, a long and consistent track record of continuous growth, the payment of a rising dividend, and a capable and driven management team. Tractor Supply (NASDAQ: TSCO) is the largest rural lifestyle products retailer in the U.S. and acts as a one-stop-shop for those who are looking for anything from gardening products to heavy farming equipment. Net income grew by 56.1% year over year to hit $190.6 million, and Tractor Supply raised its quarterly dividend from $0.35 to $0.40 per share.