Adam Fischbaum, StreetAuthority

3 Stocks to Buy and Hold Forever

Combined, all three companies bring an average of over a century in continuous operation, deep moat positions, and solid cash flows. As a basket, they trade at a value with a forward PE of just 10.7 and a blended dividend yield of 5.4% with average annual dividend growth of 5.3%. Investors looking for steady dividend income and consistent corporate operating histories would do well to buy and hold these three stocks.