Got $3,000? 2 Tech Stocks to Buy and Hold for the Long Term
If you have extra cash to invest, Taiwan Semiconductor Manufacturing (NYSE: TSM) and (NASDAQ: AAPL) are two stocks that should deliver satisfactory returns over the next five years and beyond.
Taiwan Semiconductor Manufacturing, or TSMC as it is also known, has a bright future providing advanced computing chips for the world's leading semiconductor companies. Apple is one of the most valuable brands in the world, generating $385 billion annually in revenue from products and services.
If you have $3,000 available to invest that isn't needed to pay monthly bills, bolster an emergency fund, or pay off short-term debt, you might want to consider investing $1,500 in each of these two tech stocks as part of a diversified portfolio. Here's why.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 102 Buy predictions and 9 Sell predictions.
With a target price of 212 € there is a slightly positive potential of 7.17% for Apple Inc. compared to the current price of 197.82 €.
