With the latest question from "Ask a Fool," Austin Smith addresses whether AT&T, Pfizer, and Procter & Gamble are worth holding on to. First, Austin says to ask why you own these stocks. If you're looking for safe, blue-chip income producers, Austin says you should hang on to them, as they're safe bets to keep the dividend checks coming. But if you're looking for growth, Austin says that's another story. Pfizer fits the bill, but better alternatives to P&G and AT&T might be Unilever and Apple.

Find out why by watching the following video.

Austin Smith owns shares of Unilever, Apple, and Pfizer. The Motley Fool recommends Apple, Procter & Gamble, and Unilever and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.