Best Stocks To Buy In 2023 (Buy These Stocks & Hold FOREVER!)

Hi, I’m Chris Winter and in this video I’ll be talking about the best stocks to buy and hold forever in 2023.

A staple in any office or household, 3M has been around since 1902.


If you’re unfamiliar with this company, they do pretty much anything in consumer goods, industrial, and workplace.


Think adhesives, medical supplies, post-its, and household cleaning supplies.


With locations found in more than 70 countries around the world, including Canada, the UK, and Australia, it’s not a surprise why they’re on this list.


However, in the past year, they’re down 25%, but if you look at their price all time since 1982, they’re actually up 1,400%!


They’re a buy and hold stock for a good reason.

3M’s $600 million in sales in 2019 turned into $1.4 billion in 2020 and around $1.5 billion in 2021.


Its revenue for its fiscal year 2023 is expected to increase 3.3% year-over-year. .


People panic sell, but I only panic buy when I see an opportunity as golden as this because its PE ratio is 11.59 right now.

As always, it is important to note that I am not a financial advisor, and that you should definitely do research of your own.
Most transactions can now be completed online when purchasing groceries, home furnishings and appliances, office supplies, business supplies, and other items.


That’s why Amazon is here to stay and for those who think they’ve peaked, well think again because they keep growing and growing.


As with e-commerce, they’ve now heavily expanded their cloud computing department in AWS, digital streaming in Prime Video, and artificial intelligence services with Alexa.


On July 28, 2022 Amazon announced second-quarter profits that were higher than expected and topped most Wall Street predictions.


Amazon bought several companies in July and August, including subscription-based healthcare startup 1Life Healthcare also known as One Medical.


Amazon said it would buy iRobot, a company that makes consumer robots, in a deal worth about $1.7 billion.


The purchase of One Medical is arguably less risky and fits well with the company's current product line.


Despite the current economic downturn, statistics predict that global e-commerce sales will reach $8 trillion by 2026, up from $5.2 trillion in 2021.


If you still doubt me, analysts at TipRanks have Amazon with a 41% upside in the next 12 months and Yahoo finance signals Amazon to have a solid buy to strong buy rating.


Next on my list is Vertex Pharmaceuticals.


Vertex Pharmaceuticals is a Boston-based biopharmaceutical company.


It was one of the earliest biotechnology businesses that focused on rational drug creation rather than combinatorial chemistry.


As of October 2022, the market value cap of Vertex Pharmaceuticals is $80.49 billion.


Its stock is up 27% year to date, while the S& P 500 is down 16%.


It's also worth noting that the vast majority of analysts at Yahoo Finance recommend a solid buy signal of Vertex Pharmaceuticals.


CNN business also gives it a solid 7% upside in the next 12 months, which will once again, probably beat the S&P 500.


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I’m Chris Winter and on this channel I make finance videos on:
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