Skip to content

3 Stocks You Need To Own Before The Next Wave Of Innovation Hits

Innovation is a key component of most huge stock gains. Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), and Apple (NASDAQ:AAPL) all produced successful innovations that enabled their stocks to soar.

Innovative companies have been great long-term bets, but Wall Street has been reluctant to buy these types of stocks due to elevated interest rates. But I agree with former Federal Deposit Insurance Chair Sheila Bair who wrote on October 2nd that “Truly promising innovations will attract capital. They always do.”

Consequently, I believe that the vast majority of companies’ great initiatives will receive funding from investors and banks. Here are three stocks to buy that are poised to climb a great deal over the long term.

This post appeared first on InvestorPlace.