Got $3,000? 3 Tech Stocks to Buy and Hold for the Long Term
Many tech stocks fell out of favor last year as interest rates rose. But throughout 2023, a lot of top tech stocks bounced back as investors focused on the secular growth of the cloud, artificial intelligence (AI), and e-commerce markets again.
As we've seen over the past few decades, the right stocks in those three growth markets can potentially turn a modest $3,000 investment into tens of thousands of dollars. Let's take a look at three top long-term picks from those hot sectors: Nvidia (NASDAQ: NVDA), Cloudflare (NYSE: NET), and MercadoLibre (NASDAQ: MELI).
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Source Fool.com
Mercadolibre Inc Stock
€1,531.0
5.330%
With 23 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 1792 € shows a slightly positive potential of 17.05% compared to the current price of 1531.0 € for Mercadolibre Inc.
