2 Tech Stocks You Can Buy and Hold for the Next Decade
The tech industry is booming, with advances in segments such as artificial intelligence (AI) and virtual/augmented reality (VR/AR) creating bullish investors. As a result, the Nasdaq-100 Technology Sector index has climbed about 34% since Jan. 1 despite suffering a sell-off in 2022.
Economic challenges caused a pullback in consumer spending on tech last year. However, the market's swift recovery in 2023 has proved its resilience. The innovative nature of the sector keeps tech companies moving forward and often pays off in the form of stock growth. Therefore, it's not a bad idea to dedicate a large part of your portfolio to the high-growth industry.
Here are two tech stocks you can buy and hold for the next decade.
Source Fool.com