In this article, we cover the 13 Best Tech Stocks to Buy for the Long Term.
Technology stocks have powered US equity markets to record highs amid simmering concerns about spending on artificial intelligence infrastructure. However, there are growing concerns over whether the momentum will continue as premium valuations come to bite.
Sam Altman, the CEO of OpenAI, the owner of ChatGPT, has already warned that valuations remain “insane.”
Ipek Ozkardeskaya, a senior analyst at the currency trading firm Swissquote, said: “The [Altman] comments may have been a wake-up call for investors, sparking a sharp pullback in high-flying names.”
While the wave of investment in AI by technology giants is insane, warning bells are starting to ring. A recent report from the Massachusetts Institute of Technology reveals that 95% of companies investing in AI have not yet realized any financial gains. The statistic raises serious concerns about the current effectiveness and ROI of AI adoption in the corporate world.
Amid concerns about valuation and AI spending, strategists at Morgan Stanley and Goldman Sachs remain confident of further gains heading into year-end. Strategists anticipate that potential interest rate cuts will drive further increases in stock prices. Sharing similar sentiments are strategists at JPMorgan.
“This current bull market feels unstoppable with new support forming as former tent poles weaken,” JPMorgan strategists wrote.
Wedbush Securities’ Technology Research Global head, Daniel Ives, insists that any pullback in technology stocks is simply a buying opportunity. Ives expects the Bull Run to gather momentum in the second half of the year and continue into next year, given the ongoing Fourth Industrial Revolution.
Our Methodology
To compile the list of the best tech stocks to buy for the long term, we used Finviz Screener. We scanned for technology stocks that have generated revenue growth of more than 15% over the past 5 years. We also analyzed their performance over the past 3 years years and how popular they are among elite hedge funds (as of Q2 2025). Finally, we ranked the stocks in ascending order based on the number of hedge funds that hold stakes in them.
Why are we interested in the stocks that hedge funds pile into? The reason is straightforward: our research has demonstrated that we can outperform the market by replicating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Best Tech Stocks to Buy for the Long Term
13. Zscaler Inc. (NASDAQ:ZS)
3-Year Performance: 93.92%
5-Year Revenue Growth: 44.03%
Number of Hedge Fund Holders: 60
Zscaler Inc. (NASDAQ:ZS) is one of the best tech stocks to buy for the long term. On September 9, analysts at Truist Securities reiterated a ‘Buy’ rating on the stock and a $350 price target. The positive stance follows meetings with the leadership team, during which growth in the emerging business segment was reiterated.
The management team also reiterated the company’s long-term platform strategy, even as it focuses on the Zero Trust Branch Offering. The Z-Flex licensing model, introduced less than two quarters ago, has emerged as a key growth driver due to its commitment-based subscription model, as opposed to the consumption or enterprise model.
In the fourth quarter of fiscal 2025, the Z-Flex program secured over $100 million in total contract value bookings, representing a 50% quarter-over-quarter increase. The increase was the catalyst behind Zscaler posting revenue of $719 million above consensus estimates of $706.95 million.
Zscaler Inc. (NASDAQ:ZS) is a cloud-based cybersecurity company that provides a Zero Trust Exchange platform to securely connect users, devices, and applications by replacing traditional network security with cloud-delivered services. It offers solutions that enable secure internet access and application connectivity for distributed workforces, eliminating the need for physical hardware.
12. Crowdstrike Holdings Inc. (NASDAQ:CRWD)
3-Year Performance: 144.85%
5-Year Revenue Growth: 52.37%
Number of Hedge Fund Holders: 66
Crowdstrike Holdings Inc. (NASDAQ:CRWD) is one of the best tech stocks to buy for the long term. On September 8, Truist Securities reiterated a ‘Buy’ rating on the stock and a $500 price target. The positive stance follows the stock’s impressive run, marked by a 71% gain over the past year.
Truist Securities remains bullish about the company’s prospects following a meeting with CFO Burt Podbere. The executive reiterated optimism about growth in the second half of the year, supported by acceleration in net new annual recurring revenue. The increase will be driven by the strength of emerging businesses and the effectiveness of the Flex licensing model.
CrowdStrike aims to achieve $10 billion in total annual recurring revenue by 2031. Consequently, it remains open to mergers and acquisitions as it looks to unlock new growth opportunities and expand its footprint.
Crowdstrike Holdings Inc. (NASDAQ:CRWD) is a global cybersecurity company providing cloud-delivered protection for endpoints, cloud workloads, identity, and data through its AI-powered Falcon platform. The company focuses on stopping cyberattacks and breaches by collecting and integrating data across an enterprise and offering various cloud modules via a subscription-based software-as-a-service (SaaS) model.
