If I couldn’t touch my ISA or SIPP for 10 years, I’d be happy owning these super stocks

Recently, I was thinking about what in my Stocks and Shares ISA and Self-Invested Personal Pension (SIPP) Iâd hold on to if I couldnât touch these investment accounts for 10 years. My goal was to assess the true long-term conviction I have in my current holdings.

It wasnât an easy exercise. Because today, technology’s reshaping industries at an alarming pace and all kinds of companies in my portfolio are seeing their business models disrupted.

However, I did identify a handful of businesses Iâm confident will still be dominating in a decadeâs time. Hereâs a look at two of them (they also happen to be my two largest holdings).

Amazon

First up, we have Amazon (NASDAQ: AMZN). Itâs a diversified technology company today with operations in online shopping, cloud computing, digital advertising, artificial intelligence (AI), and many other areas of tech.

There are several reasons I have conviction in the long-term staying power of this business. One is that it has many ways to win. Even if one area of its business gets disrupted by a competitor or new technology in the years ahead, it could still do well.

Another reason is that it has a history of innovation. This isnât a company that sits still. I believe that it will evolve significantly as the world becomes more technological (we’re likely to see a lot of AI from Amazon).

A third reason is that it has significant market share in its major industries. Today, itâs the largest player in online shopping and cloud computing globally and the third-largest player in digital advertising. So it has the financial firepower to acquire smaller companies with new technologies.

Of course, there are no guarantees that Amazon will continue to be successful. In the years ahead, itâs likely to face intense competition in all the industries it operates in.

To my mind, however, it has all the right ingredients to be a long-term winner. I plan to hold it for a long time and I think itâs worth considering as a long-term investment today.

Microsoft

Another company Iâm optimistic will still be a dominant force in 2035 is Microsoft (NASDAQ: MSFT). Itâs a diversified technology company that offers solutions in relation to business software, cloud computing, AI, and video gaming.

Microsoft has a powerful competitive advantage (economic moat) because so many businesses around the world use its software (Word, Excel, etc). Given its industry dominance in the business productivity space, itâs unlikely to disappear any time soon.

Meanwhile, itâs also a major player in cloud computing (itâs the second-largest player globally behind Amazon). With this industry forecast to grow by around 10%-15% a year between now and 2035, the firm is well placed for success here.

Additionally, like Amazon, itâs an innovator. Currently, itâs rolling out powerful AI features such as Copilot â a software service designed to help humans be more efficient.

Now, a scenario in which CEO Satya Nadella leaves the company is a risk here. He has been a brilliant leader over the last decade and transformed the company into a technology powerhouse.

Overall, however, I like the long-term risk/reward proposition. I think this stock is worth considering for the long run, especially if it pulls back 5%-10% in the near term.

The post If I couldnât touch my ISA or SIPP for 10 years, Iâd be happy owning these super stocks appeared first on The Motley Fool UK.

But hereâs another bargain investment that looks absurdly dirt-cheap:

Like buying £1 for 31p

This seems ridiculous, but we almost never see shares looking this cheap. Yet this Share Advisor pick has a price/book ratio of 0.31. In plain English, this means that investors effectively get in on a business that holds £1 of assets for every 31p they invest!

Of course, this is the stock market where money is always at risk — these valuations can change and there are no guarantees. But some risks are a LOT more interesting than others, and at The Motley Fool we believe this company is amongst them.

What’s more, it currently boasts a stellar dividend yield of around 10%, and right now it’s possible for investors to jump aboard at near-historic lows. Want to get the name for yourself?

See the full investment case

More reading

Edward Sheldon has positions in Amazon and Microsoft. The Motley Fool UK has recommended Amazon and Microsoft. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Foolâs board of directors. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.