Got $5,000? 2 Tech Stocks to Buy and Hold for the Long Term
The technology sector has helped lead the market higher not only this year but really for the past decade. This can be seen in the performance of an index such as the Dow Jones Technology Index, which is up over 27% year to date and has generated an average annual return of 20% over the past 10 years.
As such, the tech sector is certainly not only for traders, but also for long-term buy and hold investors. Let's look at two tech stocks that investors can buy and hold for the long term.
Once considered to be a stodgy, old-fashioned tech company, Microsoft (NASDAQ: MSFT) has repositioned itself to become one of the top tech companies leading the charge in artificial intelligence (AI). In fact, the company's ability to be able to reinvent itself over the years is one reason why it is a great stock to buy and hold.
Source Fool.com
