These 3 Stocks Could Still Be Winning Investments When You Retire. Warren Buffett Would Likely Agree, Too.

Understand this faster with AI
By Selena Maranjian – Apr 12, 2026 at 7:40PM ESTKey PointsBerkshire Hathaway has a new CEO and dozens of operating businesses under its roof.Otis has been moving people since before the Civil War -- and it's growing its dividend briskly.WM is a giant in the garbage and recycling world, and it has delivered both growth and dividend income.We often encourage investors to think long-term, and to invest long-term, aiming to hang on to your stocks for many years, if not decades. It can be hard to think long-term, though, in this age of artificial intelligence (AI), and cloud computing, and cryptocurrencies. Everything seems to be changing so fast, it can seem hard to pinpoint businesses that are very likely to prosper for a long time. There are some such companies, though, which should keep rewarding you until you retire -- and beyond. They're the kinds of companies that Warren Buffett would probably appreciate, as he has said that he likes to have a good idea of where the company will be in the years ahead. Here are three such companies to mull over. Image source: Getty Images. 1.
Berkshire Hathaway My first suggestion is Warren Buffett's company, Berkshire Hathaway (BRKA 1.08%) (BRKB 1.09%). It's in a new phase, as 95-year-old Buffett has stepped down and Greg Abel is the new CEO. Many expect Abel to follow in Buffett's footsteps, and he is already continuing Buffett's habit of repurchasing shares when they seem sufficiently undervalued. I believe that Berkshire will be in good shape many years from now because it was intentionally built to last, and many of its dozens of subsidiaries are in sturdy industries -- such as transportation and energy. These businesses include GEICO, Benjamin Moore, Dairy Queen, McLane, and the entire BNSF railroad, along with sizable chunks of other companies, such as Apple, Chevron, American Express, Coca-Cola, and Bank of America. Thanks to many of Berkshire's stock holdings, it collects billions of dollars in dividend income annually. With a recent forward-looking price-to-earnings (P/E) ratio of 21.6 a bit below the five-year average of 21.2, the stock seems slightly undervalued. 2.
Otis Worldwide Next, consider Otis Worldwide (OTIS 1.60%), which is in a business that isn't likely to be replaced by AI. It has specialized in elevators since 1853, and it has grown to a recent market value of nearly $31 billion. It's a dividend-paying stock, too, recently yielding 2.2%, and its dividend payout has doubled over the past five years. This isn't a fast-growing company -- its last quarter featured net revenue up 3% year over year and adjusted earnings per share up 11% -- but it's one that can deliver a meaningful income stream now and into your retirement years. Otis's business model doesn't just involve selling elevator systems -- it also updates them and services them, which results in considerable recurring income. (In its last quarter, maintenance and repair revenue was up 7% year over year.) Like Berkshire, Otis has also been buying back lots of shares, leading to a total yield for shareholders of 4.8%. Otis's stock is looking appealingly priced, too, at recent levels, with a recent forward-looking price-to-earnings (P/E) ratio of 17.7, well below the five-year average of 23.3. 3.
Waste Management In a similar vein, WM (WM 1.57%) -- the company formerly known as Waste Management -- is also likely to be delivering for shareholders decades from now. Changing times aren't likely to change our need for garbage collection and recycling services, and WM is America's largest solid waste services business. WM has been growing at a good clip, averaging annual gains of nearly 14% over the past 15 years, and it's a solid dividend payer, as well. Its dividend yield was recently 1.45% -- and that payout has averaged annual increases of 10% over the past five years. The stock seems a bit overvalued at recent levels, with a recent forward P/E ratio of 28.2, above the five-year average of 27.5. But that's not a huge premium, and this company is likely to reward shareholders for a long time. If these companies don't interest you sufficiently, know that there are plenty of other compelling stocks out there, too.Read NextApr 11, 2026 •By Adam LevyWarren Buffett Successor Greg Abel Could Be Buying Billions Worth of This Stock Right Now.
You Should Buy It Too.Apr 11, 2026 •By Jennifer SaibilThis $500 Stock Could Be Your Ticket to Generational WealthApr 10, 2026 •By Adam LevyBillionaire Bill Gates Has 59% of His Foundation's $36 Billion Portfolio Invested in 3 Brilliant StocksApr 9, 2026 •By Sean WilliamsWarren Buffett's Successor, Greg Abel, Now Has $46 Billion of Berkshire Hathaway's Capital Devoted to His Top Investment IdeaApr 8, 2026 •By Jeremy Bowman6 Best Value Stocks to Buy Now in 2026Apr 8, 2026 •By Jeremy BowmanIs the Iran War Market Dip a Buying Opportunity? Here's What Warren Buffett Had To SayAbout the AuthorSelena Maranjian is a contributing personal finance and investing expert at The Motley Fool. Selena has produced The Motley Fool’s nationally syndicated newspaper feature since 1997. She is the author of The Motley Fool Money Guide and Investment Clubs: How to Start and Run One the Motley Fool Way, and the co-author of The Motley Fool Investment Guide for Teens and several editions of The Motley Fool Investment Tax Guide. Prior to The Motley Fool, she worked as a high school teacher and public opinion analyst. She holds a master’s degree in teaching from Brown University and a master’s degree in finance from the Wharton School of the University of Pennsylvania.TMFSelenaStocks MentionedBerkshire HathawayNYSE: BRKB$479.67(-1.14%)-$5.53Berkshire HathawayNYSE: BRKA$720,002.89(-1.08%)-$7,877.70WMNYSE: WM$229.45(-1.57%)-$3.65Otis WorldwideNYSE: OTIS$79.95(-1.60%)-$1.30*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Tags
Source Information
Discussion
0 professional contributions
Sign in to join this professional discussion.
Be the first to add a constructive contribution.
