There are a number of reasons why buy and hold investing is so attractive. It’s a strategy that offers a simplified approach towards building wealth over time, given that investors just have to practice patience after adding shares of quality companies. There’s also the fact that since it’s a more passive approach to financial markets, you won’t need to spend tons of time actively managing your portfolio. Buy and hold investing also helps you avoid trying to time the market and can potentially save you thousands on capital gains taxes since the strategy tends to involve holding shares for a year or more.

The only issue with the buy-and-hold investing strategy is that it requires a keen eye for picking the right stocks. Otherwise, investors could be tying up a lot of their capital in shares that underperform over the long term. Healthcare is one area of the market that has plenty of strong companies to choose from, which means there are some good buy-and-hold stocks to consider. What’s even better is that many of these stocks offer dividends, allowing for even more gains over the long term.

That’s why we’ve put together the following list of the top 3 healthcare dividend stocks to buy and hold. Let’s take a deeper look below.

Eli Lilly and Company (NYSE: LLY)

UnitedHealth Group (NYSE: UNH)

Cerner Corp (NASDAQ: CERN)


Cerner is a part of the Entrepreneur Index, which tracks some of the largest publicly traded companies founded and run by entrepreneurs.