7 Stocks to Buy & Hold Forever‼️
Summary
Jeremy presents a list of seven 'buy and hold forever' stocks, emphasizing companies with business models that can remain relevant for decades. His thesis centers on identifying market leaders with strong moats, proven leadership, and the ability to reinvest capital effectively. He specifically highlights the importance of looking past short-term spending cycles, such as heavy investments in AI, to focus on long-term profit ramps.
Mentioned Stocks
Reasoning: Jeremy considers Nike a 'one of one' brand due to its massive marketing budget and athlete roster. He sees the current 3% dividend yield as attractive and calls the stock a 'steel deal' at $54.
Reasoning: Jeremy sees huge international growth potential for Celsius. He believes their partnership with Pepsi and the acquisition of Rockstar assets position them as a long-term winner in the energy drink space.
Reasoning: Jeremy notes that Amazon is currently trading at a historically low P/E ratio, describing it as 'dirt cheap.' He highlights the massive growth potential in AWS and advertising, predicting net margins will rise to 20% in the long term.
Reasoning: This is Jeremy's largest personal holding. He emphasizes the 3 billion+ users and a reasonable forward P/E of around 20. He trusts Zuckerberg's ability to pivot and lead the company for decades.
Reasoning: Jeremy identifies E.L.F. as a high-margin business with critical retail space. He states that any price point under $100 is a 'steel deal' and expects around 20% net income growth moving forward.
Reasoning: Jeremy views SoFi as a high-growth fintech disruptor gaining market share from traditional banks. He likes the leadership of Anthony Noto and the company's focus on Gen Z and Millennial users.