2 Soaring Stocks to Hold for the Next 20 Years
One's a 103-year-old toy maker. The other's a cruise line that caters to a cultured crowd. Both are near the end of a banner year, and the next two decades look even better.
Two companies are poised for long-term growth, defying short-term profit-taking temptations. Hasbro, a 103-year-old toy maker, has seen its stock soar more than 50% in the past year, driven by the success of Magic: The Gathering, a card game that has generated over $600 million in revenue in the third quarter alone. Hasbro's underlying business, with a 49% operating margin in the latest quarter, is asset-light and generates royalties from partners producing its licensed products.
The company has raised its full-year outlook, doubled its stock buyback target, and is investing in digital games and a new studio in Montreal. Viking Holdings, meanwhile, is a travel company specializing in cruises for sophisticated travelers, with bookings a year and a half out and a strong focus on the increasing number of "thinking people" turning 65 in the coming decades.
Viking has sold a majority of its 2027 cruise capacity before 2026 is over and is investing in new river ships, hydrogen-powered ocean vessels, and longer cruises. Both companies show strong potential for long-term growth, making them compelling investments for those willing to hold onto them through market fluctuations.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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