2 Top Tech Stocks to Buy for the Long Haul
Tech stocks have been hit especially hard in the market downturn that started in early 2022. The Nasdaq Composite Index's losses roughly doubled the 8% decline in the S&P 500 in the past 12 months.
Sure, some of that slump makes sense given rising interest rates and the potential for a recession ahead. But those issues don't threaten the five-year outlook for industry-leading, highly profitable tech companies.
With that backdrop in mind, let's look at a few good reasons to take advantage of the stock market pullback to make long-term investments in Microsoft (NASDAQ: MSFT) and Adobe (NASDAQ: ADBE) shares.
Source Fool.com