Want Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever

Are you looking for a long-term investment strategy that can generate decades of passive income? Look no further than these three stocks, which have proven track records of consistent growth and dividend increases. By buying these stocks now and holding them forever, you can build a robust portfolio that will generate passive income for years to come.



1. Nvidia (NVDA):
* Nvidia is a leading provider of graphics processing units (GPUs) and artificial intelligence (AI) chips.
* The company has a dominant market position in AI data center chips, with an 80% market share.
* Nvidia's strong pricing power and wide economic moat are driven by its specialized chip architecture and software tools.
* The company has increased its dividend by 16.3% annually over the past five years, with a low payout ratio of 1.11%.
* Nvidia's long-term growth potential in AI and data center markets makes it an attractive choice for long-term investors.
2. ASML Holding (ASML):
* ASML is the only manufacturer of extreme ultraviolet (EUV) lithography machines, which are essential for producing advanced computer chips.
* The company's monopoly in this industry gives it exceptional pricing power and predictable cash flows.
* ASML has boosted its dividend by 23.4% annually over the past five years, with a conservative payout ratio of 35.2%.
* The company's critical role in enabling advanced AI chip production and its long-term growth potential in semiconductor demand make it a strong choice for long-term investors.
3. Costco Wholesale (COST):
* Costco is a membership-only warehouse club chain that serves millions of loyal customers worldwide.
* The company's business model is based on offering high-quality bulk items at razor-thin margins and generating predictable profit from annual membership fees.
* Costco has increased its dividend by 12.3% annually over the past five years, with a conservative payout ratio of 26.4%.
* The company's strong business model, consistent dividend growth, and long-term growth potential in retail and consumer goods markets make it an attractive choice for long-term investors.



These three stocks have demonstrated consistent dividend growth and strong fundamentals, making them ideal for a long-term "buy and hold" strategy. By investing in these companies now and holding their stocks for the long term, you can generate decades of passive income and build a solid foundation for your investment portfolio.

Don't miss out on the opportunity to secure your financial future with these three dividend growth stocks. Start investing today and reap the benefits of long-term passive income!