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rtrlctrc
rtrlctrc
·
2021-05-05
Good
2 Stocks I'll Hold Forever
I'm never letting go of these two industry stalwarts.
2 Stocks I'll Hold Forever
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rtrlctrc
rtrlctrc
·
2021-05-05
Wow
Bill and Melinda Gates’s divorce was a predictable market phenomenon and bullish for GameStop — allow us to explain
The end of Bill and Melinda Gates’s marriage is just the first in what will be a slew of billionaire
Bill and Melinda Gates’s divorce was a predictable market phenomenon and bullish for GameStop — allow us to explain
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The real value comes from holding on to your stocks for years -- decades is best -- and watching as their businesses grow and appreciate. It's not as exciting as taking a flier on a WallStreetBets stock, but buying good companies that still possess long-term potential and never selling is how you really accumulate wealth. That's why I plan to hold these two stocks forever.</p>\n<p><img src=\"https://static.tigerbbs.com/5ed802c4d39cdda52b1b23a8ffc2814c\" tg-width=\"700\" tg-height=\"587\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>1. Genuine Parts</h2>\n<p>You may know aftermarket auto parts retailer <b>Genuine Parts</b> (NYSE:GPC) better as the owner of NAPA Auto Parts stores. It has a long history of outperformance with sales growing in 87 of the last 93 years (last year being <a href=\"https://laohu8.com/S/AONE\">one</a> of those anomalies where revenue dropped, though for obvious reasons).</p>\n<p>Still, the long-term outlook remains not only positive, but quite upbeat. The auto industry was also hurt by the pandemic, which means people were buying new cars but keeping their rust buckets on the road longer and they'll need parts to keep them running.</p>\n<p>Worse for new car dealers, the computer chip shortage that's plaguing numerous industries, and the auto industry in particular, has manufacturers lowering expectations for production for the coming year. <b>Ford</b> just issued a fairly robust earnings report but its guidance that it expects production to fall by 1.1 million vehicles this year put a damper on its stock.</p>\n<p>Again, that means car owners will need to keep their current vehicles in good shape, so Genuine Parts will still be needed. And it's that constant ebb and flow of demand for people to fix their cars that has sustained the auto parts retailer over the past century, and will likely keep it motoring for at least another 100 years into the future. (Even if we're driving flying cars by then, owners will still need the parts to repair them.)</p>\n<p>One of the most attractive things about Genuine Parts, however, is its record of dividend payments. The company has paid investors a cash dividend every year since going public in 1928, and its payout this year of $3.26 per share represents the 65th consecutive year it increased the dividend, which currently yields 2.6% annually.</p>\n<h2>2. Leggett & Platt</h2>\n<p>Robinhood's meme stock crowd would probably never pile into <b>Leggett & Platt</b> (NYSE:LEG) because making innerspring coils for mattresses and sofas is not the sort of sexy play that pops up in internet chatrooms. Yet this study business has been around since 1883 and keeps chugging along largely out of view of the masses, but producing outsized returns for those in the know.</p>\n<p>Over the last 40 years, Leggett & Platt has returned almost 10,600% for investors, compared to nearly 3,800% by the <b>S&P 500</b>, meaning $10,000 invested in this oh-so-boring company at the start of 1980 would be worth well over $1 million today (the stock index would have generated $387,000 in the same time frame).</p>\n<p><img src=\"https://static.tigerbbs.com/9a359d21957cbcf9962e9b005b965fb7\" tg-width=\"720\" tg-height=\"435\" referrerpolicy=\"no-referrer\">Data by YCharts.</p>\n<p>Leggett & Platt has done that by sticking to its knitting, or rather its steel coils. It rarely extends far outside those operations, which account for half of its annual revenue, and when it does it tends to be in closely related fields.</p>\n<p>Beyond mattresses and sofas, the company supplies the auto and aerospace industries, furniture manufacturers, and flooring and textile businesses with products that are in some fashion closely related to its core components, such as mechanical and lumbar support for seats; steel mechanisms and motion hardware for chairs; and synthetic fabrics for ground stabilization, drainage protection, erosion, and weed control.</p>\n<p>Yet like Genuine Parts, Leggett & Platt is also a longtime dividend payer, and it notes that maintaining its inclusion in the list of Dividend Aristocrat stocks, or those companies that have increased their shareholder payout for 25 consecutive years or more, is a high priority for the company.</p>\n<p>The dividend actually ranks second on its list of priorities after investing in organic growth, and with 49 straight years of dividend hikes, Leggett & Platt is poised to become a Dividend King, or a company with 50 or more years of raising its payout (a much smaller elite group of stocks, of which Genuine Parts is also a member).</p>\n<p>Because it is a conservatively run business in a fairly conservative industry, there's little reason why it shouldn't be able to keep going as it has for many years to come, and that's why Leggett & Platt will remain in my portfolio forever.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Stocks I'll Hold Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 10:15 GMT+8 <a href=https://www.fool.com/investing/2021/05/04/2-stocks-ill-hold-forever/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Robinhood trading frenzy earlier this year likely had new investors believing that to make money in the stock market you have to jump on stocks that are hot and bail just as quickly to cement your...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/04/2-stocks-ill-hold-forever/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GPC":"Genuine Parts Co","LEG":"礼恩派"},"source_url":"https://www.fool.com/investing/2021/05/04/2-stocks-ill-hold-forever/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132510217","content_text":"The Robinhood trading frenzy earlier this year likely had new investors believing that to make money in the stock market you have to jump on stocks that are hot and bail just as quickly to cement your profits before moving on to the next meme stock.\nObviously that's gambling, not investing. The real value comes from holding on to your stocks for years -- decades is best -- and watching as their businesses grow and appreciate. It's not as exciting as taking a flier on a WallStreetBets stock, but buying good companies that still possess long-term potential and never selling is how you really accumulate wealth. That's why I plan to hold these two stocks forever.\n\nImage source: Getty Images.\n1. Genuine Parts\nYou may know aftermarket auto parts retailer Genuine Parts (NYSE:GPC) better as the owner of NAPA Auto Parts stores. It has a long history of outperformance with sales growing in 87 of the last 93 years (last year being one of those anomalies where revenue dropped, though for obvious reasons).\nStill, the long-term outlook remains not only positive, but quite upbeat. The auto industry was also hurt by the pandemic, which means people were buying new cars but keeping their rust buckets on the road longer and they'll need parts to keep them running.\nWorse for new car dealers, the computer chip shortage that's plaguing numerous industries, and the auto industry in particular, has manufacturers lowering expectations for production for the coming year. Ford just issued a fairly robust earnings report but its guidance that it expects production to fall by 1.1 million vehicles this year put a damper on its stock.\nAgain, that means car owners will need to keep their current vehicles in good shape, so Genuine Parts will still be needed. And it's that constant ebb and flow of demand for people to fix their cars that has sustained the auto parts retailer over the past century, and will likely keep it motoring for at least another 100 years into the future. (Even if we're driving flying cars by then, owners will still need the parts to repair them.)\nOne of the most attractive things about Genuine Parts, however, is its record of dividend payments. The company has paid investors a cash dividend every year since going public in 1928, and its payout this year of $3.26 per share represents the 65th consecutive year it increased the dividend, which currently yields 2.6% annually.\n2. Leggett & Platt\nRobinhood's meme stock crowd would probably never pile into Leggett & Platt (NYSE:LEG) because making innerspring coils for mattresses and sofas is not the sort of sexy play that pops up in internet chatrooms. Yet this study business has been around since 1883 and keeps chugging along largely out of view of the masses, but producing outsized returns for those in the know.\nOver the last 40 years, Leggett & Platt has returned almost 10,600% for investors, compared to nearly 3,800% by the S&P 500, meaning $10,000 invested in this oh-so-boring company at the start of 1980 would be worth well over $1 million today (the stock index would have generated $387,000 in the same time frame).\nData by YCharts.\nLeggett & Platt has done that by sticking to its knitting, or rather its steel coils. It rarely extends far outside those operations, which account for half of its annual revenue, and when it does it tends to be in closely related fields.\nBeyond mattresses and sofas, the company supplies the auto and aerospace industries, furniture manufacturers, and flooring and textile businesses with products that are in some fashion closely related to its core components, such as mechanical and lumbar support for seats; steel mechanisms and motion hardware for chairs; and synthetic fabrics for ground stabilization, drainage protection, erosion, and weed control.\nYet like Genuine Parts, Leggett & Platt is also a longtime dividend payer, and it notes that maintaining its inclusion in the list of Dividend Aristocrat stocks, or those companies that have increased their shareholder payout for 25 consecutive years or more, is a high priority for the company.\nThe dividend actually ranks second on its list of priorities after investing in organic growth, and with 49 straight years of dividend hikes, Leggett & Platt is poised to become a Dividend King, or a company with 50 or more years of raising its payout (a much smaller elite group of stocks, of which Genuine Parts is also a member).\nBecause it is a conservatively run business in a fairly conservative industry, there's little reason why it shouldn't be able to keep going as it has for many years to come, and that's why Leggett & Platt will remain in my portfolio forever.","news_type":1,"symbols_score_info":{"GPC":0.9,"LEG":0.9}},"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102155720,"gmtCreate":1620187936160,"gmtModify":1634207116924,"author":{"id":"3582011979517895","authorId":"3582011979517895","name":"rtrlctrc","avatar":"https://static.tigerbbs.com/60f7874cb3f2c69647d5739a8e0f2fe8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582011979517895","idStr":"3582011979517895"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/102155720","repostId":"1186808828","repostType":4,"repost":{"id":"1186808828","kind":"news","pubTimestamp":1620185185,"share":"https://ttm.financial/m/news/1186808828?lang=&edition=full","pubTime":"2021-05-05 11:26","market":"us","language":"en","title":"Bill and Melinda Gates’s divorce was a predictable market phenomenon and bullish for GameStop — allow us to explain","url":"https://stock-news.laohu8.com/highlight/detail?id=1186808828","media":"Market Wacth","summary":"The end of Bill and Melinda Gates’s marriage is just the first in what will be a slew of billionaire","content":"<p>The end of Bill and Melinda Gates’s marriage is just the first in what will be a slew of billionaire divorces, and it’s all bullish for GameStop’s stockGME,-0.91%.</p>\n<p>It’s just another Tuesday on retail-investor social media.</p>\n<p>The announcement that Bill and Melinda Gates are divorcing caught the whole world by surprise, but by Monday evening members of the Reddit board r/GME had unearthed an almost 2-month-old post by user Jobom3 tying a spike in borrowed GameStop shares to the likelihood that billionaire hedge funders and their wealthy investors were increasing their short positions as part of a plan to prepare for their impending divorces.</p>\n<p>On the morning of March 11, a Reddit post pointed out that more than 1 million GameStop shares had been borrowed in premarket action, a signal that pro-GameStop “redditors” interpreted as a signal of a new skirmish in the ongoing conflict between hedge funds trying to short GameStop into oblivion and Regular Joe investors hell-bent on proving that the videogame retailer is fundamentally undervalued and should not be killed off by wealthy Wall Street traders playing a rigged game.</p>\n<p>“Another 1 million shares borrowed from ETFs in pre-market …” blared a Reddit post headline that morning, with a screenshot appearing to show the availability of GameStop shares from ETFs exposed to the stock.</p>\n<p>Minutes later, Jobom3 piped up with this theory: “I think they are just buying time to secure their personal assets,” read the comment. “Moving them to offshore or divorce their wives and put the money in their name. Tricks like that. At least that’s what I would do.”</p>\n<p>While the comment did not receive much attention on March 11, it blew up late Monday after news of the Gates’s split dropped, and users clamored to give Jobom3 credit for seeing the bombshell coming.</p>\n<p>“WHAT ELSE DOES THE PROPHIT KNOW” replied one user late Monday night.</p>\n<p>“Bill Gates and Melinda Gates is just a start???” posited another.</p>\n<p>“My man got all the infinity stones,” added another.</p>\n<p>Those comments quickly turned into a bull case for GameStop’s value, with users coalescing around the theory that that Bill Gates’s getting unhitched is a huge data point in support of Jobom3’s thesis that at least some wealthy short sellers of GameStop are fighting the short squeeze as a cover to protect their assets from the possibility of a market implosion that will lead to an army of greedy future ex-spouses.</p>\n<p>Rickety markets have historically been bad indicators for hedge-fund managers, and seeing two of the wealthiest men in the world, Gates and Jeff Bezos, announcing the ends of long marriages in less than two years’ time can be interpreted by the willing as a trend that is still kicking up steam.</p>\n<p>But while tying the coming joy of white-shoe divorce lawyers to GameStop’s performance might seem difficult, it was easier than it might appear to GameStop’s Reddit army.</p>\n<p>“Maybe not directly to GME,” mused one user “But [Bill Gates] probably has money tied up in hedge funds and other investments that are going down when they all get liquidated and the market crashes.”</p>\n<p>Gates does invest the majority of his family wealth through Cascade Investment LLC, one of the largest family offices in the world with more than $50 billion in assets and, according to regulatory filings, mostly invested in large-cap stocks like Deere & Co.DE,+1.55%,Berkshire HathawayBRK.B,+0.39%and Canadian National RailwayCNI,-0.37%.</p>\n<p>While any GameStop exposure, either direct or indirect, in Gates’s portfolio is difficult to see, the stock is having an interesting day.</p>\n<p>After falling by more than 5%, GameStop bounced back in afternoon trading and was down just over 1% going into the closing bell.</p>","source":"lsy1604288433698","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bill and Melinda Gates’s divorce was a predictable market phenomenon and bullish for GameStop — allow us to explain</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBill and Melinda Gates’s divorce was a predictable market phenomenon and bullish for GameStop — allow us to explain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 11:26 GMT+8 <a href=https://www.marketwatch.com/story/bill-and-melinda-gates-divorce-was-a-predictable-market-phenomenon-and-bullish-for-gamestopwe-can-explain-11620158462?mod=home-page><strong>Market Wacth</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The end of Bill and Melinda Gates’s marriage is just the first in what will be a slew of billionaire divorces, and it’s all bullish for GameStop’s stockGME,-0.91%.\nIt’s just another Tuesday on retail-...</p>\n\n<a href=\"https://www.marketwatch.com/story/bill-and-melinda-gates-divorce-was-a-predictable-market-phenomenon-and-bullish-for-gamestopwe-can-explain-11620158462?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/bill-and-melinda-gates-divorce-was-a-predictable-market-phenomenon-and-bullish-for-gamestopwe-can-explain-11620158462?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186808828","content_text":"The end of Bill and Melinda Gates’s marriage is just the first in what will be a slew of billionaire divorces, and it’s all bullish for GameStop’s stockGME,-0.91%.\nIt’s just another Tuesday on retail-investor social media.\nThe announcement that Bill and Melinda Gates are divorcing caught the whole world by surprise, but by Monday evening members of the Reddit board r/GME had unearthed an almost 2-month-old post by user Jobom3 tying a spike in borrowed GameStop shares to the likelihood that billionaire hedge funders and their wealthy investors were increasing their short positions as part of a plan to prepare for their impending divorces.\nOn the morning of March 11, a Reddit post pointed out that more than 1 million GameStop shares had been borrowed in premarket action, a signal that pro-GameStop “redditors” interpreted as a signal of a new skirmish in the ongoing conflict between hedge funds trying to short GameStop into oblivion and Regular Joe investors hell-bent on proving that the videogame retailer is fundamentally undervalued and should not be killed off by wealthy Wall Street traders playing a rigged game.\n“Another 1 million shares borrowed from ETFs in pre-market …” blared a Reddit post headline that morning, with a screenshot appearing to show the availability of GameStop shares from ETFs exposed to the stock.\nMinutes later, Jobom3 piped up with this theory: “I think they are just buying time to secure their personal assets,” read the comment. “Moving them to offshore or divorce their wives and put the money in their name. Tricks like that. At least that’s what I would do.”\nWhile the comment did not receive much attention on March 11, it blew up late Monday after news of the Gates’s split dropped, and users clamored to give Jobom3 credit for seeing the bombshell coming.\n“WHAT ELSE DOES THE PROPHIT KNOW” replied one user late Monday night.\n“Bill Gates and Melinda Gates is just a start???” posited another.\n“My man got all the infinity stones,” added another.\nThose comments quickly turned into a bull case for GameStop’s value, with users coalescing around the theory that that Bill Gates’s getting unhitched is a huge data point in support of Jobom3’s thesis that at least some wealthy short sellers of GameStop are fighting the short squeeze as a cover to protect their assets from the possibility of a market implosion that will lead to an army of greedy future ex-spouses.\nRickety markets have historically been bad indicators for hedge-fund managers, and seeing two of the wealthiest men in the world, Gates and Jeff Bezos, announcing the ends of long marriages in less than two years’ time can be interpreted by the willing as a trend that is still kicking up steam.\nBut while tying the coming joy of white-shoe divorce lawyers to GameStop’s performance might seem difficult, it was easier than it might appear to GameStop’s Reddit army.\n“Maybe not directly to GME,” mused one user “But [Bill Gates] probably has money tied up in hedge funds and other investments that are going down when they all get liquidated and the market crashes.”\nGates does invest the majority of his family wealth through Cascade Investment LLC, one of the largest family offices in the world with more than $50 billion in assets and, according to regulatory filings, mostly invested in large-cap stocks like Deere & Co.DE,+1.55%,Berkshire HathawayBRK.B,+0.39%and Canadian National RailwayCNI,-0.37%.\nWhile any GameStop exposure, either direct or indirect, in Gates’s portfolio is difficult to see, the stock is having an interesting day.\nAfter falling by more than 5%, GameStop bounced back in afternoon trading and was down just over 1% going into the closing bell.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}