Five Stocks for the Next Ten Years -- Thanks, Jack!
In the final issue of SmartMoney, which Dow Jones is sadly folding, columnist Jack Hough identifies five companies he believes will pay off if you hold them for the next decade. They are Exxon Mobil (XOM), Abbot Laboratories (ABT), General Dynamics (GD), Western Union (WU) and Oracle (ORCL).
Why these? First, Hough likes their return on invested capital.
He also likes their rising dividend payments.
And he says they look attractive in terms of price to earnings.
Are these the best stocks to hold until 2022? Agree or disagree, it's not a bad idea to compare his screen to any stocks you're planning to sit on for a while.