2 Top Tech Stocks to Buy Right Now
Historically, technology has been a ripe field to look for monster winners in the stock market. The Nasdaq-100 Technology Sector index returned 411% over the last 10 years (including dividend reinvestment), blowing away the blue chip-heavy Dow Jones Industrial Average's return of 205%.
There are exciting opportunities in technology as enterprises scramble to implement artificial intelligence (AI) in their operations. Here are two profitable tech companies that can deliver outstanding returns.
The data center market is exploding. Dell'Oro Group forecasts spending on AI-related infrastructure in the cloud and data center markets to grow 24% per year over the next five years. This is a monster opportunity for Nvidia (NASDAQ: NVDA), the leading supplier of AI chips.
Source Fool.com