What Are Recommended Long-term Stock Option Investments Where Watching Is Not Necessary?

This article gives you a rundown of dependable investments that are best for long-term holding and pay back in dividends. Read to find out the oldest stock options.

Andrew Moran
By Andrew Moran
Edited by Taj Schlebusch

Published May 27, 2021.

First, you want an investment that possesses an excellent track record, whether it is paying dividends or weathering the economic storm clouds. Second, it is important to decide how much you are putting into the stock. Third, are you diversifying?

Here is a list of five stocks to own forever and put $1,000 into each security:

Apple (AAPL)

  • 05/25: $126.91
  • Yield: 0.69%

Apple became the first U.S. company to enjoy a market capitalization of $1 trillion in August 2018. It also controls 40% of the U.S. smartphone market and 30% of the tablet industry. The company plans to delve into the electric vehicle market. With a handsome quarterly dividend of about 20 cents, this is a great long-term play.

Walmart (WMT)

  • 05/25: $142.18
  • Yield: 1.55%

Walmart is giving Amazon a run for its money by expanding its digital footprint. The American retailer has also diversified its product offering and online services. Plus, it plans to redesign its stores with a focus on the digital experience. In other words, Walmart is adapting to the changing environment. With a reliable quarterly dividend of about 55 cents, this stock is one of the best.

Colgate-Palmolive (CL)

  • 05/25: $84.59
  • Yield: 2.13%

Irish Spring, Palmolive, Colgate, Fleecy, and Speed Stick. This global house of brands sells many consumer goods we use in our day-to-day lives. They are not going anywhere.

Plus, consider this fact: This company has been around for 200 years, and it has paid a dividend since 1895. Also, looking at analysts' opinions, there are zero "Underperform" and "Sell" ratings.

Suncor Energy (SU)

  • 05/25: $23.16
  • Yield: 2.96%

Suncor is a Canadian company, but the 252nd-largest company in the world trades on the New York Stock Exchange. It is a century-old company. Despite forecasts that the era of Big Oil is coming to an end, Suncor has been diversifying its business model, focusing on renewables and hydrogen. It slashed its quarterly dividend during the coronavirus-induced financial crisis, but it is still competitive: 21 cents.

Procter and Gamble (PG)

  • 05/25: $138.40
  • Yield: 2.52%

Like Colgate-Palmolive, Procter and Gamble are nearly two centuries old. Its house of brands is also lengthy, including Pampers, Tide, Bounty, Old Spice, Dawn, Crest, and many more. These brands are unlikely to disappear, making Procter and Gamble a dependable long-term investment to even bequeath to your children or grandchildren.