Got $5,000? 2 Tech Stocks to Buy and Hold for the Long Term
If you've got $5,000 you're looking to put away for the long term, consider technology companies. They can deliver handsome returns to investors with a long-term mindset. That's because they typically grow revenue more robustly than, for example, brick-and-mortar retail businesses.
Meta Platforms (NASDAQ: FB) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), specifically, are excellent tech stocks to buy and hold for the long term. Each has a dominant position with its services and coincidentally operates in the advertising industry with its massive total addressable market. Let's take a closer look at these two buy-and-hold potentials.
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Source Fool.com