By Steve Garmhausen

For most of 2022, the market has been a grim place, with stocks swept up in the Federal Reserve’s war on stubbornly high inflation. But while the long-term outlook for markets might seem gloomy, individual stocks can shine. Wise investors give their holdings years, not months, to pay off. With that in mind, Barron’s asked five investing professionals to look far ahead—a full decade—and recommend a single stock that they think investors should buy and hold for the duration.