The Motley Fool is offering a bundle discount with full access to both services for $199/year which is $300 off the regular price. Stock recommendation services like Motley Fool Stock Advisor and Rule Breakers can help simplify the process of finding high potential fully vetted growth stocks.Įach service offers two new recommendations per month and provides monthly “best buys” which are their highest conviction picks from past recommendations.
Keeping these factors in mind, let's take a look at the 10 best tech stocks that can deliver handsome returns to investors in the long term. Additionally, it's quite natural for growth stocks to trade at a much higher multiple compared to value stocks. A growth company may benefit from a game-changing product it launched allowing it to gain market share or enter new sectors.Įxpectedly, companies that grow at a faster pace reward long-term shareholders with market-beating returns. Basically, any entity that sells a service or product geared towards technology may belong to the tech sector.Īlternatively, growth stocks are enterprises that have the opportunity to expand revenue and earnings at a rate higher than the overall market. They also sell hardware products such as mobile phones, smartwatches, laptops, and personal computers. Technology companies offer several services such as software development, cloud computing, online streaming, and gaming. Since the financial crisis of 2008-09, technology stocks have generated exponential gains for investors due to access to cheaper credit, high operating leverage, growing demand for cloud services, and the ongoing pandemic. Terms such as technology stocks and growth stocks have been synonymous in the past decade. 10 Best Stocks to Buy Now for Long-Term Growth