Let's say you bought all 30 of today's Dow Jones Industrial Average (DJINDICES:^DJI) stocks 20 years ago, then held them until today. OK, so only 27 of them existed that long ago, but you get my drift. Which of these elite stocks would have delivered the strongest returns over two decades?
The answers might surprise you. The only consumer-centric company in the top three turns out to be Nike (NYSE:NKE). The other two are utterly boring businesses: health insurer UnitedHealth Group (NYSE:UNH) and industrial giant United Technologies (NYSE:UTX).
These three stocks have totally demolished the Dow over the last 20 years, each in its own way. But they do share one crucial quality.
In the video below, Fool analyst Anders Bylund uncovers the secret that helped Nike, UnitedHealth, and United Technologies crush the market in the long run, and he explains how you can use this trick to find the next multidecade market-beater.
Fool contributor Anders Bylund has no position in any stocks mentioned. The Motley Fool recommends Nike and UnitedHealth Group. The Motley Fool owns shares of Nike. Try any of our Foolish newsletter services free for 30 days.
More from The Motley Fool
Does a Strong Start Make 2018 a Sure Winner for Stocks?
Find out whether the so-called "January effect" is real.
Meet the 2018 Dogs of the Dow
Learn the basics of this simple dividend-investing strategy.
The Dow's Worst Day in 2017
Even with big gains, there were some scary times for the average.