3 Stocks to Invest $30,000 in Right Now
From NASDAQ: 2024-04-27 13:20:00
Tech stocks continue to provide substantial gains, with the Nasdaq-100 Technology Sector rising 395% over the last decade. Warren Buffett’s Berkshire Hathaway invests over 40% of its portfolio in tech stocks, with a compound annual gain of nearly 20% since 1965. Investing in high-growth tech stocks like AMD, Amazon, and Apple could yield significant returns.
AMD has seen remarkable growth over the last decade, with shares soaring 3,500% thanks to its successful turnaround led by CEO Lisa Su. The company’s market share has risen to 33%, challenging Intel, and its focus on AI and other tech areas could drive future gains, making it a great investment option.
Amazon’s e-commerce success and Prime membership have fueled its revenue and operating income, with a global subscriber count of over 230 million. Shares have risen 926% since 2014, and the company’s expansion into AI, cloud computing, and data centers make it a promising investment for the future.
Apple, one of the most successful tech companies, has seen steady growth, with a market cap of $2.6 billion. Despite recent revenue declines, the company’s strong free cash flow and investment in AI technologies position it well for future growth. Investing in Apple shares now could yield significant returns over the next decade.
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