5 Best Stocks To Buy and Hold For 5 Years: Cathie Wood’s Picks

Below we presented the 5 best stocks to buy and hold for 5 years according to star investor Cathie Wood. For an extensive discussion and a more comprehensive list please see 10 Best Stocks To Buy and Hold for 5 Years.

At Insider Monkey we leave no stone unturned when looking for the next great investment idea. For example, lithium mining is one of the fastest growing industries right now, so we are checking out stock pitches like this emerging lithium stock. We go through lists like the 10 best hydrogen fuel cell stocks to pick the next Tesla that will deliver a 10x return. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. You can subscribe to our free daily newsletter on our homepage. Keeping this in mind let’s take a look at the best stocks to buy and hold for 5 years:

5. CRISPR Therapeutics AG (NASDAQ:CRSP)

Cathie Wood had more than $700 million in CRSP at the end of September. That position is now worth more than $1.3 billion as CRSP shares skyrocketed in Q4. Renowned biotech investor billionaire Joe Edelman is also a huge CRSP fan with a $112 million position at the end of September.

CRSP is one of those stocks you have to buy and hold for the long-term as the stock didn’t do anything for investors since the middle of 2018 until the summer of 2020. Patient investors were rewarded as CRSP shares tripled in 2020. We believe there is still time to get into CRSP shares as this is a long-term play and the stock skyrocketed in 2020. Cathie Wood herself said that whenever things have gone this well for her, usually there’s a correction waiting around the bend. So, maybe investors should wait for a better entry point.