Published on 29 Dec 2023 on Insider Monkey via Yahoo Finance

16 Most Promising Long-Term Stocks According to Analysts

In this piece, we will take a look at the 16 most promising long-term stocks according to analysts. If you want to skip our overview of long term investing, then you can take a look at 5 Most Promising Long-Term Stocks According to Analysts.

While investing comes in all sizes and flavors, the one approach that leads to billions of dollars in wealth is typically long term capital appreciation. Investing in the right set of companies, coupled with years of low interest rates to help stimulate stock market growth has produced nearly all of America's biggest billionaires. Most of the world's richest men, such as Bill Gates of Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOG) co founders Page & Brin, Tesla, Inc. (NASDAQ:TSLA) co-founder Elon Musk, or Berkshire Hathaway's Warren Buffett got into the right stocks or set up the right companies decades back and then patiently waited for the shares to appreciate.

Over the long term, stocks tend to produce sizeable returns. For instance, both of Wall Street's leading stock indexes - the S&P 500 and the NASDAQ Composite - have outpaced inflation. Starting from the year 2000, the former has posted 228% in returns and the latter is up by 357%. So, if you had invested a dollar in either of the indexes, you'd have made more than if you'd bought a security that grew the principal by the annual inflation rate. This makes stocks quite a lucrative way of slowly growing the value of money over time and ensuring that the growth outpaces any inflationary after effects.