WOLF - 3 Millionaire-Maker Technology Stocks

2024-02-18 11:23:00 ET

Many growth-oriented investors adore tech companies because they can often expand for years by disrupting legacy industries. The sector's biggest success stories -- including Amazon , Microsoft , and Alphabet -- made their long-term investors into millionaires by constantly expanding their ecosystems and crushing their competitors.

Those tech giants could still generate more millionaire-making gains, but investors looking for those types of opportunities should also keep an eye on some smaller companies that are often overshadowed by their larger or flashier peers. I personally believe three of those smaller tech stocks -- Snowflake (NYSE: SNOW) , DigitalOcean (NYSE: DOCN) , and Wolfspeed (NYSE: WOLF) -- also have the potential to mint new millionaires over the next few decades.

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