Got $3,000? 3 Tech Stocks to Buy and Hold for the Long Term
Robinhood (NASDAQ: HOOD) investors have a reputation for buying meme stocks and cryptocurrencies, presumably because they're fishing for quick gains instead of long-term returns. The average Robinhood account was also only worth $2,803 in the brokerage's latest quarter, and some investors might think that's not enough cash for a serious investment.
But that's simply not true. With $3,000, it would arguably be wiser to buy shares of promising stocks in the cloud, cybersecurity, and chipmaking sectors, which all could experience explosive growth over the next few decades, instead of diving headfirst into speculative investments. Here are three solid tech stocks that you can buy and hold for the long term: Twilio (NYSE: TWLO), Palo Alto Networks (NASDAQ: PANW), and Wolfspeed (NYSE: WOLF).
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Source Fool.com
