7 Technology Stocks to Buy for the Next 10 Years

Good evening,

One of the many legendary quotes attributed to Warren Buffett states, “If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes.”  

Buffett, as you may know, is a legendary and unapologetic buy-and-hold investor. He has said his favorite time to hold a stock like Coca-Cola is forever. 

With that in mind, the Oracle of Omaha was surely not discussing disruptive technology stocks[/]. These wouldn’t fit Buffett’s philosophy for many reasons. 

But one principle still applies. 

Disruptive technology is an emerging field. Companies in this field are developing innovations that will alter how consumers, industries, or businesses operate.  

Email, mobile phones, ride-sharing, and electric vehicles are all examples of disruptive technology that have cropped up in the last 30 years.  

Some blue-chip companies are working in this sector. But many are smaller companies. Some are not profitable yet.  

That means buying stocks in this sector will require patience.  

And whenever you’re investing in a space like this, there’s always a possibility that a stock may never pan out the way you thought. 

So, I’ll repeat it, if you’re going to invest in disruptive technology, you must be willing to play the long game. Most portfolios have room for a moonshot or two. Companies do it all the time.  

But these companies know that they may have as many swings and misses as they do home runs. That’s why as an investor in disruptive technology, you shouldn’t view it as an all-or-nothing proposition. Buy at a price you like, and be prepared to buy and sell at price points that let you sleep at night.

View the 7 Disruptive Technology Stocks to Buy for the Next 10 Years

Rebecca McKeever
MarketBeat
 

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