2 Solid Stocks You Can Keep Forever
2 Solid Stocks You Can Keep Forever
Built on materials such as
Intuitive Surgical (NASDAQ: ISRG) the pioneer of robotic surgery systems, and credit cards as the US-based
Mastercard (NYSE: MA) may be 2 solid stocks you want to keep in your hands in the long run.
It can be said that the words "forever is a very long time forever" in one of the hit songs of the American singer and songwriter Prince exactly coincide with these shares.
Many investors focus on short-term gains but however, the longer your investment horizons, you have the greater chances of making big profits.
Some stocks are particularly suitable for long-term investments.
Here are 2 solid stocks you can keep in your hands forever.
1-Intuitive Surgical (NASDAQ: ISRG)
Intuitive Surgical (NASDAQ: ISRG), the pioneer of robotic surgical systems, is one of the most consistent and robust healthcare stocks you'll want to keep in your hands in the long run.
Intuitive Surgical shares, whose financial situation is extremely strong, has brought an enormous return to its investors in the last 20 years. The company also has many opportunities for future growth.
The company managed to survive despite facing many difficulties due to the Covid-19 outbreak, such as the postponement of non-emergency surgeries and the disruption of material sales. Moreover, these difficulties will be alleviated as vaccination studies accelerate.
More than 1,2 million operations were performed in 2020 using
Intuitive Surgical's surgical robots.
Yet this is only the tip of its growth potential. Approximately 20 million soft tissue surgeries are performed annually, and it is likely that larger markets will be targeted in the future, given that the company will continue to gain additional permits with its understanding of innovation.
Robotic surgery is still in its early stages.
Intuitive Surgical is in a suitable position to dominate this expanding market for a long time.
2- Mastercard (NYSE: MA)
Waiting for the cash to be shelved,
Mastercard (NYSE: MA) stands out as one of the best stocks to profit from this trend.
Together with
Visa, the company has an important position in processing credit card payments and a strong flow of arrivals.
These factors ensure that
Mastercard is among the long-term winners.
The company is also expanding its payment processing infrastructure beyond credit cards by acquiring the corporate services business of European payment technology leader Nets.
This agreement provides
Mastercard with a clearing and settlement infrastructure for account-to-account digital payments.
The company also offers new contactless solutions that utilize payment processing capabilities for credit cards without requiring a physical card.
E-commerce will continue to gain momentum in the coming years, and real-place locations will expand their contactless digital payment activities. Thus,
Mastercard will be ready to win in both areas.
Like Intuitive Surgical, this fintech stock is one of the solid stocks you can hold forever.
2 Solid Stocks You Can Keep Forever
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