Want to Get Richer? 3 Best Stocks to Buy and Hold for the Next Decade
A decade might seem to be a long time to commit to holding onto an investment. However, while it may be difficult to identify which stocks will be winners over such a long period, it is definitely not impossible. In fact, companies capable of capitalizing on secular trends such as artificial intelligence (AI), cybersecurity, and observability can prove to be some of the best candidates for a long-term buy-and-hold strategy.
In my view, three stocks -- Nvidia (NASDAQ: NVDA), Datadog (NASDAQ: DDOG), and CrowdStrike (NASDAQ: CRWD) -- seem to fit the bill.
AI has ushered in a transformative technological change. In fact, according to Grand View Research, the AI market is projected to expand at a compound annual rate of 37.3% through the end of this decade, from $196.6 billion in 2023 to $1.8 trillion in 2030.
Source Fool.com