Let’s be honest. A lot of people say their positions in flashy technology companies are meant to be long-term holdings, but they’re really just an effort to make a quick buck. And that’s OK. Any profitable trade is technically a good trade. If you can get in and out at the right time, so be it.
Thing is, there are plenty of tech names that are more than just flash-in-the-pan prospects, and are better suited for holding periods measured in years rather than weeks.
Here’s a closer look at three such technology companies. Not only will they be just as