2 Millionaire-Maker Technology Stocks to Consider in June
The tech market has made many millionaires over the years. In fact, investing mogul Warren Buffett's holding company, Berkshire Hathaway, has dedicated over 40% of its portfolio to the industry. Meanwhile, Berkshire's value increased at an estimated compound annual growth rate (CAGR) of 18% from 1965 to 2023, outperforming the S 500's annual return of about 10%.
Of course, past growth doesn't always guarantee future gains. However, advances in budding markets like artificial intelligence (AI), cloud computing, e-commerce, and more suggest tech still has plenty more to offer investors over the long term. The AI market on its own is expected to grow at a CAGR of 37% until at least 2030, which would see it hit nearly $2 trillion in spending.
So, it's not too late to consider buying these two millionaire-maker technology stocks this month.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 9.34% for Berkshire Hathaway Inc. A compared to the current price of 594500.0 €.
