2 Monster Growth Stocks to Buy Now and Hold Forever
Data centers are the physical facilities that house networks of servers and storage systems. Enterprises rely on those facilities to safeguard data, run applications, and manage business workflows. In short, data centers are the heart of the modern information technology (IT) ecosystem.
In the future, the evolution of technologies like cloud computing, artificial intelligence, and data science will continue to drive IT spending in the data center. That should be a tailwind for Nvidia (NASDAQ: NVDA) and Arista Networks (NYSE: ANET), two companies that have become synonymous with the data center industry.
With that in mind, these two growth stocks look like smart long-term investments. Here's what you should know.
Source Fool.com
