2 Tech Stocks You Can Buy and Hold for the Next Decade
The Nasdaq-100 Technology Sector index has delivered impressive gains of 414% in the past decade, outperforming the S 500 index's gains of 185% by a huge margin. A key reason why technology stocks have outperformed the S 500 during this period is because of their ability to deliver impressive growth as they can capitalize on disruptive trends. This is precisely why it would be a good idea for investors to buy and hold top tech stocks for the long run.
Super Micro Computer (NASDAQ: SMCI) and (NYSE: ORCL) are two tech stocks that are benefiting from artificial intelligence (AI), the latest disruption in the tech world that is impacting multiple industries and is expected to contribute significantly to the global economy.
Let's look at the reasons why buying and holding these tech stocks for the next decade could turn out to be a smart move.
Source Fool.com
Oracle Corp. Stock
The stock is an absolute favorite of our community with 49 Buy predictions and no Sell predictions.
With a target price of 156 € there is a slightly positive potential of 4.11% for Oracle Corp. compared to the current price of 149.84 €.
