Set It and Forget It: 2 Consumer Stocks to Hold for the Next 20 Years

The article recommends Amazon and Costco as long-term 'set and forget' stocks suitable for 20-year holding periods. Amazon benefits from its dominance in e-commerce and cloud computing (AWS), which is experiencing explosive growth from the AI boom. Costco's membership-based model with high renewal rates (92% in U.S./Canada) and low-margin warehouse sales offset by high-margin membership fees provide stability across market conditions.