3 Tech Stocks You Can Buy and Hold for the Next Decade
Finding good buy-and-hold stocks to invest in for the long term can be a bit of a challenge. This is especially true in the tech industry, where what's popular today may become tomorrow's fad. However, the three tech stocks below are household names that investors should feel safe holding on to for the next decade, perhaps even longer.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has grown tremendously over the years. Since starting out as just a search engine to being an email provider and now even offering web-based office apps and cloud storage, Google and its parent company have changed significantly over the years. The tech giant is even getting involved with developing self-driving technologies through Waymo.
If there's one thing that tech companies need to do to be good long-term investments, it's to be able to stay relevant and keep on innovating. That also means not being afraid to fail, like when Google stopped selling Glass to consumers or its attempt at creating a social media site, Google+. Google Wave is likely a distant memory for many Google fans.
Source Fool.com