3 Reasons Five Below Is a Must-Buy for Long-Term Investors

Five Below (NASDAQ: FIVE) is a retail chain of 1,749 locations as of the end of the third quarter of 2024. The chain is popular with teen and preteen shoppers who are looking to get trending products at cheap prices. And the stock is a must-buy for long-term investors. I believe that they will want to own Five Below stock through at least 2030, if not beyond.And to support this belief, I'll share some thoughts from some of the greatest long-term investors of all time: Peter Lynch, Warren Buffett, and Charlie Munger.This past holiday season, there was one place that my kids and my friends' kids wanted to go shopping for gifts: Five Below. This isn't reason enough to invest in a stock. But in the words of Peter Lynch, a good way to start investing is to "Buy what you know."Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool