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Got $3,000? Here Are 3 Stocks to Buy and Hold Long Term

Got $3,000? Here Are 3 Stocks to Buy and Hold Long Term

You may hesitate to invest, say, $3,000 with a buy-and-hold strategy as a result of the huge coronavirus-induced uncertainties many companies are facing. In particular, you should consider Cisco Systems (NASDAQ: CSCO), International Business Machines (NYSE: IBM), and Check Point Software (NASDAQ: CHKP). The secular increase in networking traffic should support the demand for Cisco's core networking business over the next several years.