GEHC
GE HealthCare Technologies Inc. Common Stock
stock NASDAQ

People have seen the growth of the Mag7 in the past decade and thus conclude that buying a company and never looking at it again is the best strategy. People still do that with the megacaps, not realizing that the past growth can't possibly be replicated given the sheer size of the corporations.
In regards to the "buy and hold for 20 years" strategy seen so often here - if you adopted that strategy 20 years ago to now with some of the biggest / most popular corporation of the time you missed out enormously if you didn't actively manage your positions and should have just gone with the S&P. Citigroup is 70% lower than it was 20 years ago. Pfizer was the largest pharma company in the world 20 years ago but if you held it through to now you made exactly zero percent return. Walgreens was a blue chip that lost 70% and then went private forcing you to sell shares. GE, even if you count the GEHC and GEV spinoff, is up 2x in 20 years. Exxon? 2x. Cisco? 3.5x.
If you took the top 10 companies by market cap 20 years ago and bought and held them to now, the index would be badly beating you and two of your positions would have been completely wiped out (Citi / AIG). In fact, of those companies only MSFT significantly best the index and WMT ran par with the index.

People have seen the growth of the Mag7 in the past decade and thus conclude that buying a company and never looking at it again is the best strategy. People still do that with the megacaps, not realizing that the past growth can't possibly be replicated given the sheer size of the corporations.
In regards to the "buy and hold for 20 years" strategy seen so often here - if you adopted that strategy 20 years ago to now with some of the biggest / most popular corporation of the time you missed out enormously if you didn't actively manage your positions and should have just gone with the S&P. Citigroup is 70% lower than it was 20 years ago. Pfizer was the largest pharma company in the world 20 years ago but if you held it through to now you made exactly zero percent return. Walgreens was a blue chip that lost 70% and then went private forcing you to sell shares. GE, even if you count the GEHC and GEV spinoff, is up 2x in 20 years. Exxon? 2x. Cisco? 3.5x.
If you took the top 10 companies by market cap 20 years ago and bought and held them to now, the index would be badly beating you and two of your positions would have been completely wiped out (Citi / AIG). In fact, of those companies only MSFT significantly best the index and WMT ran par with the index.