This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Stocks to Buy and Forget for 4 Years

Amazon seems to get moved to the back burner when discussing Apple and Google. But that is not because it is not dominant in its own right. The company is without question one of the best tech stories today. Not only is it a wonderful company but, in my opinion, it has one of the top three visionary CEOs in Jeff Bezos.

The company has always demonstrated a commitment to tackle new markets and to seek growth opportunities. The only concern for investors has been with its stock price, one that has been expensive now for quite some time.

However, the company has shown an ability to overcome the pressures of expectations and has not only met them but continues to exceed them. So an argument can be made that perhaps the stock has not been that expensive after all.

As perfect as it must be to maintain its lofty valuation, it seems the company is executing to perfection. In terms of reported sales, there aren't many companies the size of Amazon producing the level of growth it has demonstrated. I don't see this suddenly changing, especially as it seeking to launch a bigger Kindle tablet along with a smartphone.

As with Apple, Google and Microsoft, Amazon continues to push the envelope to seek new markets and maintain its growth trajectory to return value to its investors.

The next four years will be a critical time for each of these companies, a time of getting through a possibly saturated mobile device market and furthering their respective cloud strategies.

What is clear is they will be four of the most dominant names within not only the tech sector, but in the entire market. Investors would be wise to make certain that they are anchors within their portfolios.





At the time of publication, the author was long AAPL and held no position in any of the other tocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

Richard Saintvilus is a private investor with an information technology and engineering background and has been investing and trading for over 15 years. He employs conservative strategies in assessing equities and appraising value while minimizing downside risk. His decisions are based in part on management, growth prospects, return on equity and price-to-earnings as well as macroeconomic factors. He is an investor who seeks opportunities whether on the long or short side and believes in changing positions as information changes.

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.75 0.00%
AMZN $375.56 0.00%
GOOG $524.05 0.00%
MSFT $41.62 0.00%
FB $80.78 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs