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Zacks Market Edge Highlights: AAPL, GM, MSFT, SHW And VOO

Published 12/04/2019, 10:59 PM
Updated 07/09/2023, 06:31 AM
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For Immediate Release

Chicago, IL – December 5, 2019 – Zacks Market Edge is a podcast hosted weekly by cks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

(Please add the Soundcloud link from this URL for the PR. Thanks: https://www.zacks.com/stock/news/654222/are-there-really-forever-stocks)

Are There Really Forever Stocks?

Welcome to Episode #204 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

This week, Tracey is going solo to discuss forever stocks.

These are the stocks that some investors believe you can buy and hold without having to pay any attention to them until your retirement.

They are like “sure things.”

But are there really such stocks?

Do forever stocks actually exist?

Forever Stocks Gone Wrong

Back in the 1950s, 60s and 70s, the auto makers might have been forever stocks. GM (NYSE:GM) was such a force in the US economy that it was believed whither GM, whither the US economy. “As GM goes, so goes the nation.”

But when was the last time you heard that about GM or any automaker?

The auto makers aren’t what they used to be. GM even had to go IPO, again, in 2011. Since that IPO it is up just 3.2% versus 161% for the S&P 500.

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Technology Stocks as Forever Stocks

But if you’re not buying auto makers, what about technology companies? Surely, in this hot sector, there are “forever” stocks, which you can buy and hold for decades without any worries.

Apple (NASDAQ:AAPL) seems like a sure thing. Shares are up 64% in 2019 alone. What could possibly go wrong?

But in the 1990s, Apple was just 30 days away from bankruptcy before it was bailed out by Microsoft (NASDAQ:MSFT) which loaned it $150 million.

Forever Stocks in Old Economy Industries

Maybe it’s best to look for forever stocks among those who have been in the trenches for a hundred years or more and have already beaten their competitors.

One such company is paint giant Sherwin Williams (NYSE:WMB) (NYSE:SHW) . From Jan 3, 2000 to Nov 1, 2019, nearly 20 years, the shares have soared 3,208%.

During that same time period, Microsoft, a tech darling, was up just 209%.

But if you’re concerned that you will not “pick” your forever stock correctly, there are always the indexes.

Vanguard’s S&P 500 ETF VOO has an expense ratio of just 0.03%. From Jan 3, 2000 to Nov 1, 2019 it is up 121%.

What else should you know about “forever” stocks in 2019?

Listen to this week’s podcast to find out.

Biggest Tech Breakthrough in a Generation

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A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.

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https://www.zacks.com/performance

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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General Motors Company (GM): Free Stock Analysis Report

Apple Inc. (AAPL): Free Stock Analysis Report

Microsoft Corporation (MSFT): Free Stock Analysis Report

Vanguard S&P 500 ETF (VOO): ETF Research Reports

The Sherwin-Williams Company (SHW): Free Stock Analysis Report

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