Here are 3 stocks I recently purchased and plan to hold long term:
Facebook (FB): beat earnings for 19th straight quarter and just crossed over 170. There may be some short term profit taking but this stock will continue to grow as revenues from Instagram and WhatsApp and messenger expand. I bought at 150 and plan to hold on long term. This company is printing out money right now.
Square (SQ): growing mobile payment solution company for small business owners. International expansion and additional services make this stock attractive. Rumors of a buyout by PayPal are also floating around. I bought at 23, is currently trading at 27ish, and I expect to hold long term.
cTrip (CTRP): "the Priceline of China", online travel booking in China expected to see sharp growth as middle class spends more money on travel. I bought at 56, is currently around 58, and I plan to hold long term.
I'm hoping these investments pay for my son's tuition in 15 years!
Share your stock picks and let me know what you think of mine.
Thanks for reading!