#1 - Technology Stocks (NASDAQ:MSFT)
If you thought this list was going to include low-growth investments, think again. Technology stocks are still the way to go if you’re looking for growth. These stocks carry risk but also offer the best chance for the outsized gains that many investors crave.
If you want set-it-and-forget-it stocks for a long-term portfolio, you can’t do much better than putting $5,000 into one of the Magnificent 7 stocks. And Microsoft Corp. (NASDAQ: MSFT) is one of the best picks in that exclusive club. Microsoft gives you exposure to artificial intelligence (AI), software, cloud computing, personal computing, gaming, and more. The stock has delivered a five-year total return of 211.05%, which is better than the industry median average of 75.9%.
You can also keep it simple and invest in NVIDIA Corp. (NASDAQ: NVDA). The company’s high-speed chips are still the standard for companies looking to create AI applications. And with 85% market share and the launch of its Blackwell platform, that won’t be changing anytime soon. Plus, after a 10-for-1 stock split in 2024, you’re getting NVDA stock at a more accessible price.
About Microsoft
Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.
Read More - Current Price
- $430.81
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 32 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $494.72 (14.8% Upside)
