2 No-Brainer Tech Stocks to Buy and Hold Forever
Recently, the tech sector has been challenging for investors as pandemic-era boons fade and rising interest rates increase the cost of capital while discounting the value of future growth.
With substantial 2022 declines, Amazon (NASDAQ: AMZN) and Nvidia (NASDAQ: NVDA) haven't escaped the carnage. That said, both companies have what it takes to regain their long-term growth trajectories.
Up 18% year to date, Amazon stock is beginning to make up for some of its crushing losses in 2022. However, there is still work to be done. While some investors might be less than impressed after weaker-than-expected fourth-quarter earnings, Amazon's challenges look temporary. And the tech giant's long-term growth thesis remains rock solid.
Source Fool.com
