2 Long-Term Stocks to Buy in October and Hold Forever

By Parkev Tatevosian, CFA – Oct 1, 2022 at 8:00AM

NYSE: DIS

Walt Disney

Market Cap

$194B

Today's Change

(-0.01%) -$0.01

Current Price

$105.79

Price as of May 10, 2024, 4:00 p.m. ET

These two businesses have stood the test of time.

Buying and holding stocks long term maximizes the benefits of compounding returns. In this video, I discuss why Home Depot (HD -0.29%) and The Walt Disney Company (DIS -0.01%) are two excellent stocks to hold forever.

*Stock prices used were the afternoon prices of Sept. 28, 2022. The video was published on Sept. 30, 2022.

Parkev Tatevosian has positions in Walt Disney and has the following options: long January 2024 $105 calls on Walt Disney. The Motley Fool has positions in and recommends Home Depot and Walt Disney. The Motley Fool recommends the following options: long January 2024 $145 calls on Walt Disney and short January 2024 $155 calls on Walt Disney. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.