PhillyD

Three Stocks To Be Held To Infinity and Beyond

The key is not to tell us how a growing conglomorate had fantastic returns over a 3 decade period, but rather to tell us who is the next conglomorate in the making who will build their businesses up to such a large scale that they keep adding market cap to their venture.

I found one potential one in Otter Tail Corp. They are an electric utility who moves the profits towards purchasing other business ventures. One of their bright stars is DWI industries which is a large manufacturer of Wind Turbines! In 30 years they could be another GE type story with 10% average returns per year? Probable? No. Possible. Yep. I'll take my chances and reinvest the 3% dividends along the way.