2 Magnificent Growth Stocks to Buy Now and Hold Forever

Investing in the right companies can help you significantly grow your savings. To aid you in your search, here are two industry-leading companies that possess strong competitive advantages that could potentially lead to a lifetime of compounding returns for investors.Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) stock hit a new high this month of $200. The stock has delivered excellent returns for investors in recent years, but even with a market cap of nearly $2.5 trillion, there's still a lot of growth potential ahead that can deliver great returns.Alphabet's investments in artificial intelligence (AI) should lead to increasing positive sentiment around the stock over the next few years. Google's Gemini AI recently climbed to the top of the Chatbot Arena leaderboard, which ranks the best large language models (LLMs) and AI chatbots. OpenAI's ChatGPT has been widely considered the best AI since it launched in 2022, but Gemini's recent gains show that Alphabet's innovation engine is alive and well.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool