What do cryptocurrency, Alphabet and Walt Disney have in common?
They’re all top investment picks for the next 10 years, according to Wall Street strategists surveyed by Reuters.
As a decade dominated on the U.S. stock exchange by Netflix , Apple, and other technology stocks comes to an end, Reuters asked portfolio managers and other investment experts two questions: What is your top overall investment theme for the next 10 years, and what one stock would you buy and then hold until 2030?
Of 12 strategists and portfolio managers willing to venture such long-term calls, Walt Disney and Google-owner Alphabet were popular picks.
Below are highlights of the recommendations:
Nancy Tengler, Chief Investment Officer of Tengler Wealth Management
Convertible securities – “With bond yields at historically low levels and on the heels of a 35-year bull market in traditional bonds, convertible securities provide an attractive income and risk adjusted return alternative.”
Palo Alto Networks- Says its dominant position in network security will drive growth as companies invest more in cyber security.