Got $5,000? 1 Tech Stock to Buy and Hold for the Long Term

The Nasdaq Composite Index has had a wonderful start to the year, rising 35%. This bounce-back is exactly what investors need after last year's 33% decline. Optimism is clearly permeating the market. 

Amid the market's rise, tech stocks are doing well. For instance, (NASDAQ: AAPL) is up 49% this year. And its market cap is hovering around the $3 trillion mark. 

It might seem crazy to recommend such a massive business that's so widely followed as a solid investment right now. But I think it's a smart move if investors buy $5,000 worth of Apple stock and hold for the long term. Here's why. 

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Source Fool.com