CFLT - Got $5000? 3 Tech Stocks to Buy and Hold for the Long Term
2024-05-13 02:38:00 ET
Buying stocks in great companies and holding them for the long term is a recipe for investing success. The challenge is knowing what to buy and how to allocate the capital one has for investing. Luckily, many online brokerages offer fractional share purchases, which allows investors to buy parts of a share. This makes buying stocks that have a higher per-share price easier.
If you have $5,000 and are interested in tech stocks, here are three companies to consider. Each of these businesses has strong fundamentals and bright futures. There could be some volatility in the short term, but over the long haul, each has the potential to reward shareholders.
Some of the best stock picks in the tech sector are companies that offer their products to other businesses, making them less well-known to everyday investors. Confluent (NASDAQ: CFLT) is one such business. Confluent sells software that helps businesses access important data in real time, allowing them to make critical decisions more quickly.
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Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term