Sometimes you just know that certain companies have a big part to play in the future and it makes you want to buy in and hold on tight. So why not? Here are 10 stocks to buy and hold for ever.
This stock is one that pops up on many seasoned investors’ watchlist time and again. Seek (ASX: SEK) is the best at what it does: Online employment classifieds, training courses and overseas investment in jobsites. Seek is the one-stop employment shop and has a huge upside — and while you wait for your money to mature, it’ll pay you a fully franked dividend.
Fuelling the online revolution in jobs, sales and communication is your ISP and mobile services provider. For most of us, that means Telstra (ASX: TLS). Embracing a century of technology and innovation can be achieved through Telstra as it is an intermediary between consumers and the tech giants, but what’s more, it will give you a 6% dividend every year.
In the coming decade, the world’s economy will shuffle and reshuffle again and again, but one thing that almost all experts can agree upon, is that most of the shuffling will be towards Asia. With foreign funding going into it, companies and business people need their money to be safe as houses. Step in ANZ (ASX: ANZ). With its ‘Super Regional Strategy’ established and ready to take off, investors need to take note.
Not only will we need a bank and telco to communicate and do business in Asia but there also lies an opportunity for Australia to become the food bowl of the emerging world. Companies like Graincorp (ASX: GNC) and Select Harvests (ASX: SHV) are agricultural businesses that will stand to gain from a seemingly endless demand and improved trade agreements in the next 20 years. Both companies pay hearty dividends fully franked.
Regardless of how important the internet becomes in our lives we still love to shop, see movies, go to restaurants and catch up with friends. Property investment powerhouse Westfield (ASX: WDC) is massive not only in Australia but overseas and with leadership built into them, the co-CEOs of this giant are ready to take this company to next level.
Australia’s manufacturing is dwindling but our specialist services and skills is what will see our country remain competitive in the future. Some of the best healthcare companies in world are down under and names that investors can rely upon for a big upside are Cochlear (ASX: COH) and ResMed (ASX: RMD). Both are world class businesses that provide hearing and respiratory products to many patients in Australia and overseas.
Washington H Soul Pattinson (ASX: SOL) is a diversified business that has been on the local stock exchange for over 100 years and boosts loyal and long serving staff, which tells investors it’s a great business. Not only is the company’s leadership, financials and management ship-shape, it also has interests in some of Australia’s best up and coming listed companies like TPG Telecom (ASX: TPM), Ruralco (ASX: RHL) and BKI Investments (ASX: BKI).
The last two companies are both energy plays and have a huge future ahead of them if things go right. Linc Energy (ASX: LNC) and Woodside Petroleum (ASX: WPL) have both blown way above analyst expectations in recent years but have plenty left in the tank.
Recently the ASX has been rough and volatile but numbers don’t lie. In the past 10 years the S&P/ASX 200 (ASX: XJO) (Index: ^AXJO) has returned more than 58% PLUS dividends. Perhaps it time to get on board and grab some great companies for an even better long term investment.
The Australian Financial Review says “good quality Australian shares that have a long history of paying dividends are a real alternative to a term deposit.” Get “3 Stocks for the Great Dividend Boom” in our special FREE report. Click here now to find out the names, stock symbols, and full research for our three favourite income ideas, all completely free!
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Motley Fool contributor Owen Raszkiewicz owns shares in ANZ, Ruralco and Cochlear.