There was a time when stock-picking was left up to your advisor rather than the crowd. The advent of the internet and online access to stock research put some of that power in investors' hands, but they were still ultimately steered by professionals. The web's investment advice bulletin boards, conversely, were the proverbial wild west.
The amateur crowd has gotten rather savvy in recent years, though, collectively identifying quality names with plans to hold onto them for the long haul. Here's a closer look at two of the Reddit crowd's favorite stocks right now that make good sense as long-term picks.
In an arena that includes powerhouses like Intel (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA) as competitors, it's easy to look past Advanced Micro Devices (NASDAQ: AMD) . But that would be a mistake. See, AMD has found its niche as a computer tech manufacturer.
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2 Reddit Stocks to Buy and Hold for Years