Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term

Technology helps shape nearly every industry under the sun, and the influential role that it plays in business will only increase. Tech's far-reaching impact helps explain why the sector has played the biggest role in powering the market's overall growth across the last two decades.

Successful long-term investments in highly influential tech companies might just change your life as well. Read on to find out why buying shares of Amazon (NASDAQ: AMZN), Taiwan Semiconductor Manufacturing (NYSE: TSM), and Impinj (NASDAQ: PI) looks like a smart move.

Taking into account all that Amazon has accomplished since its initial public offering in 1997 (as well as its current market cap of roughly $1.5 trillion), it might be easy to forget that the e-commerce and cloud computing giant is still relatively young in terms of its development. The company stands as one of history's most innovative and successful businesses, and its growth story is only just getting started.

Source Fool.com