3 Tech Stocks to Buy Now and Hold Forever
Institutional investors have certain advantages over retail investors. For instance, they typically employ teams of experienced analysts that can provide boots-on-ground coverage; they also tend to have far more capital at their disposal.
By comparison, the greatest asset a retail investor has is a long-term mindset. You don't have clients counting on short-term outcomes, so it's OK if your portfolio falls 20% (or more) during a given quarter. Of course, it never feels good to see your net worth tumble, but over longer stretches of time, high-quality stocks can outperform the market in a big way. That gives retail investors an edge.
With that in mind, we asked three Motley Fool contributors to pick tech stocks that are worth holding forever. Keep reading to see why MercadoLibre (NASDAQ: MELI), Microsoft (NASDAQ: MSFT), and Shopify (NYSE: SHOP) made the list.
Source Fool.com
