Stocks

Essential Long-Term Stocks: Profiling AAPL and AMZN

Published July 22, 2024

Investing in stocks with a long-term perspective is crucial for those aiming to build a robust and resilient portfolio. Among the myriad of options available to investors, there stand out certain 'no-brainer' stocks that are worth buying and holding onto for an extended period. Two such stocks that are particularly appealing right now are Apple Inc. AAPL and Amazon.com, Inc. AMZN.

An Insight into Apple Inc. AAPL

Apple Inc., an American multinational technology behemoth, is renowned for its consumer electronics, computer software, and expansive online services. Boasting a substantial revenue of $274.5 billion in 2020, Apple has established itself as the world's largest technology company by revenue and the most valuable company globally since January 2021. The corporation also ranks as the fourth-largest PC vendor by unit sales and the fourth-largest smartphone manufacturer. Apple's significance is further underscored by its status as one of the 'Big Five' American information technology companies, a prestigious group that includes Amazon, Google, Microsoft, and Facebook.

A Glimpse of Amazon.com, Inc. AMZN

Another tech titan, Amazon.com, Inc., dominates the fields of e-commerce, cloud computing, digital streaming, and artificial intelligence. Forming part of the illustrious 'Big Five' U.S. information technology companies, Amazon’s influence stretches across the globe, shaping both economic and cultural landscapes. It enjoys the reputation of being the world's most valuable brand and is noted for its meteoric rise and pervasive market presence. Amazon's diversified business model and innovative capabilities make it a compelling stock for investors seeking long-term growth potential.

Both AAPL and AMZN, with their pioneering technologies and solid market positioning, present opportunities that investors may consider as practically indispensable for a future-focused portfolio. With their sustained growth trajectories and expansive market reach, these companies exemplify investments that can withstand the test of time and market volatility, making them exceptional choices for long-term investment strategies.

investment, technology, growth