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Got $5,000? 2 Tech Stocks to Buy and Hold for the Long Term

·5 min read
Got $5,000? 2 Tech Stocks to Buy and Hold for the Long Term
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For instance, an investment of $5,000 in Nvidia or Netflix a decade ago would be worth $341,500 and $108,500, respectively, right now as these tech stocks have shot up 6,830% and 2,170%, respectively, in the past 10 years. Similarly, the likes of Applied Materials (NASDAQ: AMAT) and Palo Alto Networks (NASDAQ: PANW) have delivered terrific returns to investors in the past decade, tapping the growth of the cybersecurity and semiconductor markets, respectively. Let's look at the reasons why investors might want to consider putting $5,000 into stock from either Applied Materials or Palo Alto Networks for the long run.