2023-11-28 05:10:00 ET
Many tech stocks fell out of favor last year as interest rates rose. But throughout 2023, a lot of top tech stocks bounced back as investors focused on the secular growth of the cloud, artificial intelligence ( AI ), and e-commerce markets again.
As we've seen over the past few decades, the right stocks in those three growth markets can potentially turn a modest $3,000 investment into tens of thousands of dollars. Let's take a look at three top long-term picks from those hot sectors: Nvidia (NASDAQ: NVDA) , Cloudflare (NYSE: NET) , and MercadoLibre (NASDAQ: MELI) .
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Got $3,000? 3 Tech Stocks to Buy and Hold for the Long Term