1 Tech Stock You Can Buy and Hold for the Next Decade – The Motley Fool
This widely followed company is poised to continue its dominance in the years ahead.
It appears as though investor optimism is surging, with the Nasdaq Composite index up 35% so far this year. This is exactly the type of rebound that investors wanted after the market tanked in 2022.
Although stocks broadly are doing well, there are some individual businesses that look like good portfolio additions right now. Indeed, there are a lot of things to like about Alphabet (GOOGL 5.78%) (GOOG 5.59%) in particular.
Here’s why it’s a top tech stock that you can buy and hold for the next decade.
Worries about artificial intelligence
Late last year, the tech world was upended when ChatGPT made its debut. The chatbot, which is powered by artificial intelligence (AI), can provide conversational answers to user prompts. Microsoft increased its stake in OpenAI, the creator of ChatGPT, with the tech giant integrating the service into its Bing search engine. Surely, this was the beginning of the end…
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