Want to Get Richer? 2 Top Stocks to Buy Now and Hold
The S&P 500 has surged 126% over the last five years, growing at an annualized rate of nearly 18%. That's incredible. But over the same period, stocks in the information technology sector have skyrocketed 278%. That's an annualize rate of about 30%, a pace that would double your money in less than three years.
With that in mind, it makes sense to hold at least a few tech stocks in your portfolio. And Paycom Software (NYSE: PAYC) and UiPath (NYSE: PATH) make for a well-balanced pair. The former falls on the low side of the risk-reward spectrum, while the latter leans in the other direction. But both could make you richer in the long run.
Image source: Getty Images
Source Fool.com
