3 Stocks to Buy Now and Hold Forever

Core Insights - Identifying stocks that are excellent buys now and intending to hold them forever is a wise investment strategy, focusing on companies that are resilient, industry leaders, and have a history of beating the markets [1] Company Summaries Alphabet - Alphabet, known for brands like Google, YouTube, and Android, has its backbone in Google Search [4] - Earlier uncertainties regarding Google Search, including competition from OpenAI and potential breakup by the Justice Department, have been largely resolved [5] - The judge in the monopoly case did not accept the breakup proposal, and OpenAI's AI browser was underwhelming, built on Alphabet's Chromium platform [6] - Google Search has integrated generative AI, enhancing its relevance in the current market [6] - Alphabet's third quarter saw a revenue increase of 16% year over year to $102 billion and diluted earnings per share (EPS) rising 33% to $2.87, showcasing its resilience in the AI era [7] Taiwan Semiconductor Manufacturing - Taiwan Semiconductor is the world's leading chip foundry, crucial for AI computing devices [10] - The company has established its dominance by providing cutting-edge technology with strong yields, making it a preferred partner for various competitors [10]