3 Must-Own Stocks to Buy for Any Portfolio – Yahoo Finance

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When it comes to creating a long-term diversified portfolio, most investors don’t really understand how to quantify risk. Consequently, there is a very large chance that your portfolio is taking on more risk than you believe it actually does.

InvestorPlace – Stock Market News, Stock Advice & Trading Tips‘ data-reactid=”14″>InvestorPlace – Stock Market News, Stock Advice & Trading Tips

Here are three examples of stocks that I would consider must-own stocks to buy. I think you can hold these for a generation or longer. The companies are certainly not going anywhere. They have very strong long-term growth prospects. And they have a history of generating exceptional cash flow.

Energy is a fundamental human necessity. By that, I’m referring to fossil fuel energy. Oil has been responsible for almost every single product that exists, in some way or another. I’m not just referring to products that are manufactured from fossil fuels, but the fact that oil is necessary to transport just about every product in existence from one place to another.

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Must-Own Stocks to Buy: BP plc (ADR) 

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Walt Disney Co (NYSE:DIS). Thanks to its own flagship studio, and the additions of Marvel Studios, Pixar Studios and Lucasfilm, and the likely addition of all of Twenty-First Century Fox Inc (NASDAQ:FOXA) properties, DIS stock is going to have enormous amounts of recognizable and quality content to mind for the next 100 years.’ data-reactid=”68″>That means another of the must-own stocks is Walt Disney Co (NYSE:DIS). Thanks to its own flagship studio, and the additions of Marvel Studios, Pixar Studios and Lucasfilm, and the likely addition of all of Twenty-First Century Fox Inc (NASDAQ:FOXA) properties, DIS stock is going to have enormous amounts of recognizable and quality content to mind for the next 100 years.

DIS stock is also going to be launching its streaming service, and the Disney brand is known all over the world for quality entertainment that also skews towards family consumption. That puts it way ahead of any of its competitors. DIS stock has sold off from its all-time highs by about 15%, so you can grab it on the cheap here.

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Must-Own Stocks to Buy: Amazon.com, Inc. (AMZN)

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My last suggestion for must-own stocks may come as a surprise to some of my readers.

Lawrence Meyers is the CEO of PDL Capital, a specialty lender focusing on consumer finance and is the Manager of The Liberty Portfolio at www.thelibertyportfolio.com. He owns shares of DIS and BP. He has 23 years’ experience in the stock market, and has written more than 2,000 articles on investing. Lawrence Meyers can be reached at TheLibertyPortfolio@gmail.com.‘ data-reactid=”103″>Lawrence Meyers is the CEO of PDL Capital, a specialty lender focusing on consumer finance and is the Manager of The Liberty Portfolio at www.thelibertyportfolio.com. He owns shares of DIS and BP. He has 23 years’ experience in the stock market, and has written more than 2,000 articles on investing. Lawrence Meyers can be reached at TheLibertyPortfolio@gmail.com.

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