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3 Tech Stocks I'm Buying for the Long Haul
I touched on three of my favorite tech stocks, which currently are part of the "Core 34" group of stocks that I am allocating most of my money to this year.
A quick highlight for each:
- $ROKU's advertising capabilities are being slept on by the market, especially as its free Roku Channel grows in importance. I wrote this article before Roku's Q1 earnings (which looked great and will get a write-up soon), but they reinforced my optimism about the company.
- $SHOP still looks excellent and is almost difficult to digest with everything it is trying to do. However, its international potential is incredibly intriguing -- especially with its partnership with (and ownership stake in) $GLBE.
- Finally, $SE is a bet on trusting management to deliver on its expectations to start self-funding growth in Shoppee and SeaMoney by 2025. Judging by its skyrocketing gross profits (up 2,800% versus 680% for revenue) over the last three years and I am not one to doubt them yet. Garena's cash flow feels like equal parts huge benefit and significant risk right now, and I'd love to see them build cash-generating optionality throughout the company.
The Motley Fool
3 Top Tech Stocks to Buy for the Long Haul | The Motley Fool
These beaten-down tech businesses could help fund an early retirement for patient investors.
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