3 Nasdaq Stocks to Buy and Hold for Years -Breaking
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© Reuters. 3 Stocks of the Nasdaq that you can Buy and Keep for Many YearsThere’s no question that stocks in the index have seen massive gains over the last year and a half. Even though the index took a backseat to cyclicals last year, it continues to climb new heights. That’s why investors should focus on Nasdaq stocks that offer the best long-term prospects(NASDAQ:) Qualcomm Inc . (NASDAQ:) Amgen Inc (NASDAQ:), and Workday, Inc. (NASDAQ:) are three that you should definitely take a look at. The Nasdaq Composite has increased almost 130% since March 16, 2013. The index continues its upward trend and continues hitting new records every time the run seems over. This growth was largely due to pandemic-related restrictions that made it difficult for people to learn from their homes and work.
It helped to accelerate the digital transition and many technology companies were able to benefit. The Nasdaq has risen to 180 points since 16,000. The Nasdaq is only 180 points away from 16,000.
Technology plays an integral part in nearly every facet of human life. This is why there is no need to look back. And biotech has the keys to our future. What stocks are best for long-term investment? Our proprietary POWR Ratings system was the best way to answer this question. Three companies are that fit this bill: Qualcomm Inc., Amgen Inc., and Workday, Inc.
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