24.01.2025 11:45:00

2 Technology Stocks That Could Help Set You Up for Life

Buying and holding solid technology companies is a tried and true way of making money in the stock market, and that's not surprising as this strategy will allow investors to capitalize on disruptive growth trends that could help them enjoy outsized gains.This explains why the Nasdaq-100 Technology Sector index recorded gains of 366% in the past decade, easily outpacing the 196% gains registered by the S&P 500 index over the same period. Of course, putting all your money into only technology stocks may not be the best idea since any headwinds that this sector faces could result in big losses for investors.However, there are certain names in this sector that are worthy of taking a closer look at since they are on track to make the most of huge end-market opportunities. Nvidia (NASDAQ: NVDA) and Meta Platforms (NASDAQ: META) are among the dominant forces in the industries they serve, and buying them for the long haul could turn out to be a smart move since they can help investors become significantly richer.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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