Posted by Joseph Y. Calhoun, III

Barry Ritholz has this from Morgan Stanley:

The consensus is increasingly of the view that ‘Buy and hold is dead’… Bruised and battered by the steep decline in the S&P 500 so far this decade, many investors have concluded that only the most adroit traders are positioned to attain profits, particularly in light of the past year’s often extreme volatility. …but we say ‘Long live buy and hold!’ We strongly believe that the dislocations in the market since last fall provide attractive opportunities to identify companies with a sustainable competitive advantage that are likely to emerge from the ongoing recession with an even more powerful edge over their competitors.

Click through to see the list. We own 7 of the 30 through our model portfolios (and in our managed portfolios). You’ll have to subscribe or become a client of AIM to find out which ones.