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Got $3,000? Here Are 3 Stocks to Buy and Hold Long Term

Nov 26, 2020 - Nasdaq
Financial Results-Negative Financial Results

You may hesitate to invest, say, $3,000 with a buy-and-hold strategy as a result of the huge coronavirus-induced uncertainties many companies are facing. However, some stocks should do well over the long term no matter how the coronavirus pandemic pans out.

In particular, you should consider Cisco Systems (NASDAQ: CSCO), International Business Machines (NYSE: IBM), and Check Point Software (NASDAQ: CHKP). Here's why.

1. Cisco

The secular increase in networking traffic should ...