Stocks

2 Resilient Stocks for a Lifetime of Investment: NFLX and GOOG

Published February 29, 2024

For investors seeking long-term holdings, certain stocks stand out as potentially lifelong assets. These stocks represent companies that have not only demonstrated strong historical performance but also possess robust fundamentals for future growth. Among such stocks, NFLX and GOOG are often highlighted as prime examples of businesses providing services that millions of people across the globe use on a daily basis.

The Streaming Giant: Netflix, Inc. NFLX

Netflix, Inc. NFLX, a trailblazer in the streaming industry, has revolutionized how we consume entertainment. Since its inception in 1997 by Reed Hastings and Marc Randolph, Netflix has grown from a DVD rental service to an entertainment behemoth with a dominant online streaming platform. Headquartered in Los Gatos, California, Netflix is not just a content distributor but also a prolific content creator, with a growing library of films and television series produced in-house that have garnered significant critical acclaim. The company's successful subscription-based model ensures consistent revenue, and its international expansion strategies signal ongoing growth potential.

The Tech Conglomerate: Alphabet Inc. GOOG

Alphabet Inc. GOOG, the parent company of Google, encapsulates the essence of a modern-day conglomerate with its wide array of former subsidiaries and continued expansion into new technological frontiers. Founded by Larry Page and Sergey Brin, Alphabet became the umbrella company under which Google operates after its restructuring in 2015. With Google's search engine and range of services forming its core, Alphabet has solidified its position as one of the world's most influential tech giants. The company's robust financials and strategic investments into various sectors such as artificial intelligence, cloud computing, and autonomous driving technologies hint at a sustained upward trajectory for the foreseeable future.

Investment, Long-Term, Stable