These 3 Stocks Are Great Long-Term Picks, Say Analysts

The stock market is a game for the long haul. As Warren Buffett has said, “If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.”

Buffett would probably argue that investors should stick to their guns despite the correction we’re seeing today. The NASDAQ is down 13% so far this year, while the S&P is just a whisker north of correction territory, at a 9% loss.

Yes, we have market headwinds right now – but the long-term trend has been bullish, and Wall Street’s analysts are confident that this trend can continue.

We can get a good idea of that confidence by shifting our focus down, from the macro picture to the micro details, and looking at three stocks that the analysts are recommending for the long-term. According to the TipRanks database, these are Buy-rated equities with considerable upside potential. Let’s find out what the analysts have to say.

BlackRock (BLK)

We’ll start with BlackRock, currently the world’s largest asset management company with more than $10 trillion in total AUM. BlackRock has been in business since 1988, and offers services for clients of all stripes, from institutions to financial advisors to governments to high-net-worth individuals to small-scale retail customers. The company boasts that no matter the scale of the client, it can promote financial well-being and investment access. BlackRock offers financial services in 38 countries, and in 82 languages.

The largest financial service companies can leverage their sheer size to generate outsized returns, and that is clear from BlackRock’s recent revenues. The company reported $5.18 billion at the top line in 4Q21, making the third quarter in a row with revenues exceeding $5 billion. Earnings in Q4 came in at $10.42 per share, above the expected $10.16.

In a key metric for investors – especially for long-term investors, seeking stocks that will generate regular returns – BlackRock returned $3.7 billion in to shareholders in 2021. That total includes $1.2 billion worth of share repurchases, as well as a reliable…

..

Read More

Recommended For You

Leave a Reply