2 Tech Stocks You Can Buy and Hold for the Next Decade
Smart investors are always looking for stocks to buy that can be held for the very long term. This is important because the holding period matters. The stock market goes up more years than it goes down, meaning the longer a stock is held, the better its chances of benefiting from the overall market's movements.
However, only some stocks go up over time, which is why investing in the right companies also matters. Finding businesses with competitive advantages that are gaining momentum in fast-growing industries is a step in the right direction. Here are two stocks in the tech sector that have what it takes to be winning investments over the long term.
Small and medium-sized businesses need cloud infrastructure support but don't always have the expertise or even the headcount to dedicate time to this important task. DigitalOcean (NYSE: DOCN) specializes in making cloud computing simple and affordable with a robust support system so its customers can spend time building their business and less time worrying about cloud computing.
Source Fool.com
