The Forever Portfolio: 3 Stocks to Buy in 2026 and Hold Forever

Motley Fool recommends three non‑AI, long‑hold names as durable core holdings: Ferrari (RACE), Nintendo (NTDOY) and Airbnb (ABNB). Ferrari — with ~14,000 cars shipped over the last 12 months, a P/E of ~37 and a ~29% stock drawdown as of Dec. 11 — is framed as a luxury pricing moat and buyable entry; Nintendo’s Switch 2 is selling strongly and supports its 128 million annual users, though near‑term margins could be pressured by rising semiconductor costs amid a ~25% drawdown; Airbnb is growing revenue ~10% year‑over‑year in constant currency while expanding into tours and at‑home services, giving it scale in alternative accommodations. The piece positions these names as lower‑risk, long‑duration compounders for portfolios seeking steady returns versus chasing AI momentum.

Analysis

The Motley Fool frames Ferrari, Nintendo and Airbnb as non-AI, long-duration core holdings suitable for buy-and-hold investors. Ferrari shipped just under 14,000 units over the last 12 months, trades at a P/E of about 37 and is in a roughly 29% drawdown as of Dec. 11; the article cites luxury pricing power and a recent luxury-market slowdown as the reason for the pullback and a buyable entry. Nintendo recently launched the Switch 2, which is receiving strong reviews and selling through to its cited 128 million annual players, but the firm faces rising semiconductor input costs tied to the AI-driven chip cycle that could pressure near-term margins amid a roughly 25% drawdown. Airbnb is described as a scale leader in alternative accommodations with revenue growing about 10% year‑over‑year in constant currency, expansion into tours and at-home services, and strong popularity with younger travelers; the piece notes mixed positioning in Motley Fool’s broader Stock Advisor top-10 selection and discloses existing positions, while overall sentiment is mildly positive and market impact modest.

Key Decisions for Investors

• Consider initiating or modestly adding to a long-term position in Ferrari on the ~29% drawdown given its pricing power and durable brand, but size allocations to reflect luxury-sector cyclicality
• Accumulate Nintendo on weakness driven by near-term semiconductor cost pressure while monitoring Switch 2 sell-through and upcoming theme-park and movie catalysts that could re-rate earnings
• Allocate to Airbnb as a long-duration compounder given ~10% constant-currency revenue growth and platform scale, but monitor execution on international expansion and growth into tours and at-home services
• Watch macro and industry indicators—semiconductor input-cost trends and luxury-goods demand—as triggers to rebalance these conviction, buy-and-hold positions