Wall Street's Favorite Stocks to Own for Decades and 2 to Avoid

💡 Learn which stocks are perfect for long-term investment and which ones to steer clear of.

The Federal Reserve delivered a hawkish surprise on Wednesday, signaling that interest rate cuts remain further away than markets had hoped. Fed Chair Jerome Powell told reporters that the central bank needs "greater confidence" that inflation is sustainably declining before it will consider easing policy.

The 10-year Treasury yield surged to 4.8% in the aftermath, its highest level since October 2023. $TLT fell sharply as bond traders repriced the timing of the first cut from March to June.

Long-Term Favorites

One of Wall Street's favorite stocks to own for decades is $VZ, the telecommunications giant that has consistently delivered dividend growth and stability. With a strong balance sheet and a proven track record of innovation, $VZ is a solid choice for long-term investors seeking income and capital appreciation.

Stocks to Avoid

On the other hand, there are two stocks that Wall Street analysts advise against owning for the long haul: $GE and $F. Both of these companies have struggled with declining sales and profitability, and their shares have been underperforming the market for several years. While they may offer some short-term gains, the risks associated with these stocks outweigh the potential rewards.

A Decades-Long Winner

Another stock that has stood the test of time is $MSFT, the tech giant that has consistently innovated and expanded its product offerings. With a strong brand and a proven track record of profitability, $MSFT is a solid choice for long-term investors seeking growth and income.

What It Means for Investors