From Nasdaq:

The Nasdaq Composite has seen major fluctuations in the last three years due to economic changes. After a 33% plunge in 2022 and a 43% rise in 2023, the outlook for 2024 remains uncertain. Despite the fluctuation, long-term investment is crucial, as the index has still risen 21% since 2021.

Two stocks worth holding forever are Costco and Amazon. Costco, ranked third among U.S. retailers, outperformed its rivals in stock growth. The company’s unique business model and rapidly growing profits make it a reliable investment. Amazon is the fifth most valuable company in the world and shows promising growth despite macroeconomic headwinds.

Costco has consistently grown over the last five years by delivering more than double the growth of its biggest U.S. competitors, with a solid record of profit growth. As a result, both Costco and Amazon present a strong opportunity for long-term investment.



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