5 Best Stocks to Buy and Hold for a Lifetime

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1. AbbVie Inc. (NYSE:ABBV)

5-Year Average Revenue Growth Rate: 15.52%

An American multinational pharmaceutical company, AbbVie Inc. (NYSE:ABBV) tops our list of the best stocks to buy and hold with a 5-year average revenue growth of 15.52%. The company has consistently increased the amount it pays to shareholders in dividends for 51 years without interruption. Presently, the company pays a dividend of $1.55 for each share held every quarter. As of November 19, the stock has a dividend yield of 4.48%.

At the conclusion of the second quarter of 2023, data from Insider Monkey’s database showed that 74 hedge funds had invested in AbbVie Inc. (NYSE: ABBV). The collective value of these stakes amounted to over $2.3 billion.

Follow Abbvie Inc. (NYSE:ABBV)

You can also take a look at 14 Value Stocks to Buy With High Dividend Yields and Jim Cramer Recommends Selling These 10 Stocks

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