Stock Market Dip: 3 Companies to Buy and Hold for the Long Term

·4 min read

Several household brands are down 50% or more -- but as with previous market declines, this too shall pass. Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), and Walt Disney (NYSE: DIS) have sold off hard this year and would make great additions to a well-diversified portfolio. Microsoft is known for Word and Excel, but the most important reason to buy the stock is the company's shift to a subscription-based sales model and the future growth opportunities that presents, especially in cloud services.