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The minimum holding period I have in mind when I buy FTSE 100 (or any) stocks is at least five years. That doesn’t mean I won’t sell before if something goes wrong (competitive pressures, fraud, adverse regulation, etc).
Conversely, when things go well, I’m willing to hold indefinitely. Here are two Footsie growth stocks I’ve owned for years, but that I currently intend to keep holding till at least 2030.
At first glance, Games Workshop (LSE: GAW) might not seem like a growth stock. The company sells tabletop wargames, notably Warhammer, and associated miniatures. It has been doing so for decades.
However, the fact that the stock’s up nearly 200% in five years and now a member of the FTSE 100 index tells its own story.
The company’s fundamentals are elite level. It sports a 40% operating margin, generates an incredibly high return on capital, and possesses a…
