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3 Millennial Stocks for the Long-Term Investor

2 6 12
14.10.2021

Whether it relates to consumer trends, social media, or the latest slang, we hear a lot about the Millennial generation these days. Corporate America is especially tuned into what this influential generation is up to because its members will have a major say in what products and services are hot and where money gets spent.

Since the term Millennials encompasses people who were born in roughly a 25-year span beginning in 1980, it makes sense that the generation controls much of the world’s spending power. According to Forbes, the group of almost 2 billion strong is expected to spend $10 trillion over its collective lifetime.

So, if you are simultaneously a Millennial and an investor, what types of stocks should you look for? A good first step is to identify companies that derive much of their sales from Millennials. These are often those that have disruptive technologies or products that match the preferences of the younger generations.

Here are three suggestions for a buy-and-hold portfolio. All are relatively new to the stock market and have tremendous long-term growth potential.

Is Airbnb a Good Stock for Millennials?

Airbnb (NASDAQ: ABNB) is the future of travel. It has created a whole new ecosystem of places to stay and things to do on vacation. Its convenient, Millennial-friendly online platform allows travelers to book homes........

© Entrepreneur


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