Tech Stocks To buy
With advancements in virtual reality and AI, the future of tech investments is more exciting than ever. Tech stocks like Atlassian, Snowflake, and Salesforce are well-positioned to lead the way for the next decade.

3 Tech Stocks You Can Buy and Hold for the Next Decade

TECHi's Author Fatimah Misbah Hussain
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Fatimah Misbah Hussain
Fatimah Misbah Hussain
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Investing and holding for the next ten years isn’t about following the trendiest Wall Street name, rather it’s about identifying businesses with longevity. Atlassian, Snowflake, and Salesforce each comprise a strong segment of the tech equation, which is alliance, data, and customer management. Collectively, they reflect the manner in which businesses today operate, teams operate smarter, data powering decisions, and customers powering growth. 

These firms are not merely promoting software, instead they’re constructing the digital spine of the future workplace. That’s why long-term investors ought to look at them more as essential services fueling tomorrow’s economy, rather than “stocks”.

Atlassians’ customer retention and product stickiness is its strength. Once organizations take up its collaboration tools, they never drop them, particularly as AI-powered add-ons increase incorporation between teams. However, Snowflake is constructing a data kingdom. The very expanding list of customers and recurrent healthy revenue indicates that organizations are willing to pay exceptionally for the top-shelf analytics and AI-facilitated insights. 

Salesforce, a CRM giant, is going big on AI and acquisitions to stay ahead of its peers. Together, these three stocks cover the digital operation trifecta, which is collaboration, data insight, and customer interaction. Their high growth, strong retention, and broadening markets indicate that they’re not set up for the short-term victories, but for compounding return over the long term.

When it comes to investing, time is your best friend. As long as one can handle the highs and lows, Atlassian, Snowflake, and Salesforce appear to be solid gambles to pay off long-term investors over the coming decade. They’re not selling software, rather they’re selling efficiency, intellect, and customer engagement, all of which will only become increasingly valuable in an AI world. 

For those who want to accumulate wealth slowly but surely, these three stocks are a strong argument for the “buy and hold” approach.

Mitrade

Mitrade

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Owning a portfolio of growth stocks over the long term is a surefire way to build up your wealth to better prepare for retirement. One of the best investors in the world, Warren Buffett, made a fortune out of buying and owning strong companies over decades. But how do you determine what to invest in? One sector with great prospects is technology. Technology stocks are in a sweet spot as digitalization and artificial intelligence (AI) create strong demand for cloud computing and online services. Companies that sell subscription services (also called SaaS companies) offer an even better investment proposition as they lock in their customers for the long term, providing good revenue visibility. Such businesses usually also boast large total addressable markets that offer ample opportunities for long-term growth.

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