Are BAE Systems plc, Unilever plc And National Grid plc The Best Buy-And-Forget Shares Going?

There are some stocks you have to keep a close eye on.  The share prices, and valuations, of smaller companies and companies in cyclical industries can move a long way, and do so very rapidly, on occasions. You need to be relatively fleet of foot to exploit the opportunities, whether to buy into an undervalued stock or sell an overvalued one.

In contrast, there are companies whose shares are rather less volatile, and which rarely seem to be grossly undervalued or overvalued. The three steady stalwarts I discuss below are, I would say, among the best buy-and-forget stocks going, and provide a solid bedrock for a portfolio.

Happy to hold
“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years”is one of the gems of wisdom of legendary investor Warren Buffett...