Far more often than not, tech stocks are figured to be trades for young people who have time to weather the inevitable storms they bring … the trade-off for superior growth in a technology-centered world.
Not all tech stocks have to be high-flying gambles on the next evolution within the tech world though. Sometimes, technology names can be stable, reliable, and even income-producing investments grandma could stomach as part of a diversified portfolio.
It’s just a matter of looking beyond the prevailing headlines and finding the right pick.
With that as the backdrop, here’s a closer look at three tech stocks to buy that would be just at home in a long-term retirement portfolio as they would be in a so-called “funny money” trading portfolio. In no particular order.