7 Long-Term Stocks to Buy and Hold Until 2030

Stocks that can deliver multi-fold returns over the next five-years

With rise in trading activity coupled with interest in penny and meme stocks, investors, in general, are looking for quick gains. It makes sense to allocate some funds for short-term trading. However, there is little doubt on the point that best returns come from long-term stocks.

Talking about investing and the patience to hold quality stocks, data indicates that there is a gradual decline in long-term investing. The average holding period of shares on New York Stock Exchange has fallen to new lows. It’s currently at the lowest level since the 1930s.

Being a long-term investor is therefore taking a contrarian stance. I further believe that this contrarian approach is likely to deliver handsome returns. It invariably has.

Over a five-year period, Tesla (NASDAQ:TSLA) stock has delivered returns of just over 2,000%. During the same period, Nvidia (NASDAQ:NVDA) has delivered returns of 950%. These are just few examples. The list of multi-baggers in the last few years is significant.

Another important point to note is as follows — Apple (NASDAQ:AAPL) has returned 480% in the last five-years. This seems somewhat moderate as compared to Tesla or Nvidia. However, even 400% returns are significant over this period. No conventional asset class would give such stellar returns.

More on these seven long-term stocks that are likely value creators with potential for multi-fold returns at InvestorPlace.com.