2 Top Tech Stocks to Buy for the Long Haul
Tech stocks fell out of favor last year as an economic downturn caused a reduction in consumer spending. However, a sell-off highlighted the industry's strength as many tech stocks retained five-year growth despite steep declines in 2022.
Investment mogul Warren Buffett has massively profited from tech as his holdings company, Berkshire Hathaway, has dedicated 46% of its portfolio to Apple. The iPhone company's stock gained more than 570% since Berkshire first invested in 2016, illustrating how lucrative the sector can be.
As a result, it's not a bad idea to exercise a similar investment strategy with your own holdings and allocate a large portion of it to the tech market. So, here are two tech stocks to buy for the long haul.
Source Fool.com