Got $3,000? These Supercharged Stocks Could Triple Your Money in a Decade
The tech market has a history of offering investors substantial gains over the long term. The innovative nature of the sector consistently boosts different companies, proven by the Nasdaq-100 Technology Sector index rising more than 400% in the last 10 years.
As a result, it's not a bad idea to dedicate a large part of your portfolio to the tech industry, a strategy used by some of the world's most successful investors. For instance, Warren Buffett's holdings company Berkshire Hathaway has granted companies like Apple, Activision Blizzard, and Amazon nearly 50% of its portfolio.
In 2023, booming industries such as artificial intelligence (AI) and cloud computing are likely to play critical roles in future tech, presenting attractive investment opportunities. Companies pushing the industries forward, like Advanced Micro Devices (NASDAQ: AMD) and (NASDAQ: MSFT), are increasingly attractive investments. These companies have immense growth potential, meaning you don't need tens of thousands of dollars to see major gains.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 100 Buy predictions and 2 Sell predictions.
With a target price of 406 € there is a slightly positive potential of 5.7% for Microsoft Corp. compared to the current price of 384.1 €.
