16 Oct 3 Stocks That are Bound to be Winners Over the Next 10 Years.

Anyone that knows me knows that I’m always looking long term. I don’t care if I invest in a stock that drops 50% as long as over the long run it will bounce back big time. Some people feel a stock is a great purchase but keep waiting for the right time to get in. If you like a stock for its long term prospects, don’t worry about when you get in, because more than likely there is no time better than the present.

Here are 3 stocks I feel will be sure gainers over the next 10 years. They may have their ups and downs in the short run, but in the long run should beat out the market big time:

#1 Google (Goog)

Google has already gone up over 600% since it’s IPO, which of course scares investors away. Having said this, their growth rate and potential growth rate is amazing. Consider that the Internet is growing at a rate of 18% per year. Over 60% of searches online are done through Google. Google is spreading it’s reach all over the place. They are rumored to be involved in the cell phone industry, and have their hands in just about everything related to the internet. They have so much information about everyone that uses their search that it is almost like they can predict what the markets will do next, what products will be hot, and what markets they can enter. Google is taking on Microsoft with their online software, and seems to be a step ahead of all the other large corporations.

Projected gain in 10 years time - 420%

#2 Genetech (DNA)

Even the ticker symbol is cool. Genetech is responsible for a wide variety of Biotech developements. We all have to admit that biotechnology will be a huge player in the future of medicine. With an understanding of the human genome, and technological breakthroughs we have seen recently, combined with the high prices these medical related firms are able to charge for products and services, Genetech is a bomb ready to explode. In the next 10-20 years we will see medical developements we would have only been able to dream of just a few years back, and Genetech is at the forefront of much of these new technologies. Also with the baby boomers becoming senior citizens, the entire medical field should see a nice boom.

Projected gain in 10 years time - 325%

#3 International Game Technology (IGT)

IGT basically makes slot machines. They along with Ballys are the two main slot machine manufacturers in the world. The reason this stock was choosen is because the Gaming industry is exploding. Not just Atlantic City and Vegas in the US, but more and more states are legalizing slot machine gambling at race tracks. Gambling is bigger then ever in the US, and also overseas. One example of the industries growth is that MGM is building a new 60 acre, $5 billion casino and resort in Atlantic City with over 4000 slot machines itself. The $5 billion is almost twice as much as any other Atlantic City or Vegas Casino company has spent on a developement.

Projected gain in 10 years time - 220%

Of course I can’t guarantee you will make a killing on these stocks, but if you read up on the companies as well as the industries they are in, you would see the room for huge growth is there over the next decade.