7 No-Brainer Stocks to Buy and Hold for the Next 20 Years: May 2024

Position your portfolio for growth over the next two decades with these seven picks:

1. Microsoft (MSFT)

- Leading the AI revolution with Azure and key partnerships like OpenAI.

- Azure revenue surged 23% last quarter, reaching $35.1 billion.

- 65% of Fortune 500 companies use Azure/OpenAI.

- Solid pick for long-term growth.

2. Taiwan Semiconductor (TSM)

- Backbone of the semiconductor industry with strong financials.

- Investing $40 billion in U.S. chip manufacturing.

- Advanced nodes (3nm and 5nm) in high demand.

- Provides a 1.7% dividend yield.

3. Berkshire Hathaway (BRK-A, BRK-B)

- Diversified conglomerate with a history of outperforming the S&P 500.

- Strong portfolio including major investments like Apple.

- Managed by Warren Buffett with a massive cash position for opportunistic investments.

4. Alphabet (GOOG, GOOGL)

- Dominant in internet search and video sharing with YouTube.

- Strong growth in cloud computing revenue.

- YouTube and cloud computing revenue on track to exceed $100 billion annually.

5. Amazon (AMZN)

- Impressive quarterly performance with 13% revenue growth.

- Operating income rebounded 221% to $15.3 billion.

- Major investments in local fulfillment centers.

- Diverse business model beyond e-commerce.

6. IBM (IBM)

- Shifting from mature tech to cloud and quantum computing.

- Recent acquisitions (HashiCorp) enhancing IT capabilities.

- Focused on hybrid multi-cloud strategies.

7. CRISPR Therapeutics (CRSP)

- High-risk, high-reward play in gene-editing technology.

- Seven ongoing trials for various health conditions.

- Strong cash position ($2.1 billion) to support future development.

- Potential for significant long-term gains if successful.

These stocks are positioned to deliver substantial returns over the next 20 years, making them ideal choices for long-term investment.