4 Stocks to Buy and Hold

It is always wise to stay in the market, no matter how bad things are.

In 2020, it took the S&P 500 only six months to make up for all the losses during the start of the pandemic. After that, it began to set new records.

You never know what will spark a reversal, meaning there’s always a good time to invest. Because of that, it’s important to have money available. So hold on, a correction will eventually happen.

Tech stocks are the ones that drive the market. Even though the market turns against the sector, their values remain elevated from where they were.

Here are the four tech stocks you should buy and hold for the long term.

JD.com

JD.com is increasingly where Chinese consumers are turning to shop. From last year, it went up to 25%.

Its main rival is Alibaba, but since JD.com is more of a marketplace for third-party sellers than goods itself, it is more like eBay.

In Beijing, successful tech companies are constantly watched, so companies like Alibaba and others are usually monitored. Thankfully JD.com has been able to avoid that.

It is important to understand that the government can turn its head anytime to JD.com but be sure that this company will offer great returns for years to come.

Cohu

Cohu is a supplier specialized in testing and handling equipment for semiconductor manufacturers. Because of its relationship with the automotive industry, it is positioned to capture the biggest trends in the industry.

20% of Cohu’s revenue comes from auto manufacturers. Of course, this dependency represents some risk. But now the market demands computer chips, Cohu will grow for many more years.

It is safe to say that Cohu is a tech growth stock that should outperform investors willing to hold it.

AT&T

After AT&T revealed the spinoff plan of its Warner Media, the market sent its stocks very low, but now the earnings are seven times what was estimated, making the stock very cheap. This means it’s the best time to buy AT&T.

The business is in a better position than in the past years and still has powerful dividend payments, meaning AT&T is a stock to hold for the long run.

Tesla

Tesla has just hit its stride, selling almost 1 million vehicles. There’s no doubt that the CEO might reach his goal of 20 million electric cars by 2030.

The company is consistently profitable. The only thing is that analysts say the share price should be around $150 and not $1000. But be sure that Tesla has more growth to come.