Got $3,000? 3 Tech Stocks to Buy and Hold for the Long Term
Rising interest rates crushed many meme stocks, cryptocurrencies, and other speculative investments over the past two years. Some nimble traders made some quick profits, but many other investors racked up steep losses as the market crashed.
That boom-and-bust cycle highlights the importance of investing in healthy companies that are reasonably valued. These three tech stocks -- Uber Technologies (NYSE: UBER), Coupang (NYSE: CPNG), and Oracle (NYSE: ORCL) -- check all the right boxes and could turn a modest investment -- even something on the level of $3,000 -- into a small fortune over the next few decades.
Image source: Getty Images.
Source Fool.com
Oracle Corp. Stock
€128.32
0.190%
The stock is an absolute favorite of our community with 41 Buy predictions and no Sell predictions.
With a target price of 140 € there is a slightly positive potential of 9.1% for Oracle Corp. compared to the current price of 128.32 €.
