3 outstanding ASX shares to buy and hold

If you’re looking for shares to buy and hold, then the three listed below could be quality options.

All three have long runways for growth and could provide strong returns for investors if everything goes to plan. Here’s what you need to know:

The first ASX share to consider as a buy and hold investment is Cochlear. It is a global developer, manufacturer, and distributor of cochlear implantable devices for the hearing impaired. It appears well-placed for long term growth thanks to its exposure to the ageing population tailwind. This is because as people age their hearing will more often than not fade. This is expected to lead to increasing demand for its industry-leading products over the next couple of decades. Macquarie…