2 Monster Growth Stocks to Buy Now and Hold Until You Retire
Digital transformation (DX) is a somewhat nebulous term that refers to the ongoing need to keep pace with technology. Organizations are constantly under pressure to operate more efficiently, work more productively, and provide a better customer experience. That often means replacing outdated infrastructure and systems, and those changes are expensive. Global DX spending will reach $2.8 trillion per year by 2025, up from $1.8 trillion in 2022, according to Statista.
Companies like Snowflake (NYSE: SNOW) and Zscaler (NASDAQ: ZS) are well-positioned to benefit from that DX tailwind, and both stocks could make you richer by retirement, whether that's in five years or a few decades. Here's why.
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Source Fool.com
