2 Tech Stocks You Can Buy and Hold for the Next Decade
Technology stocks have been among the best-performing sectors over the past month, second only to consumer discretionary stocks. Admittedly, the tech-laden Nasdaq 100 index is still down 19% in 2022, compared to a 13% decline in the S&P 500 and a 9% drop in the Dow Jones Industrial Average, but the rally indicates the sector is not dead.
Tech stocks carried the market on its nearly decade-and-a-half bull run before they were frozen out at the end of last year as traders switched to seemingly more recession-resistant names. But investors should ignore such short-term movements and focus on the long term, because technology is so ingrained in the global economy that it will still win out in the end.
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Source Fool.com
