1 FTSE 250 tech stock I’d buy and hold for 10 years!

FTSE 250 incumbent Softcat (LSE:SCT) has been on a growth trajectory for a few years now. I still think it can grow further, so I’d add the shares to my holdings at current levels and hold them. Here’s why. IT infrastructure supplier

Softcat sells IT infrastructure to public and private sector firms through four main areas. These are cyber security, IT intelligence, hybrid infrastructure, and digital workspace tools. It partners up with many tech giants who manufacture but don’t sell directly to businesses, and makes money by adding value to its customer base with these products and services.

Markets around the world are reeling from the coronavirus pandemic… and with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.

But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be a daunting prospect during such unprecedented times.

Fortunately, The Motley Fool UK analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global upheaval…

We’re sharing the names in a special FREE investing report that you can download today. And if you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio.

Click here to claim your free copy now!

As I write, Softcat shares are trading for 1,591p. At this time last year, the shares were trading for 2% less at 1,560p. FTSE 250 stocks have risks One of the main issues Softcat could face is competition. The IT reseller market is large and very competitive. I know this due to my research and the fact I have worked in this space myself some years ago. All the firms in Softcat’s sector […]

Click here to view original web page at www.fool.co.uk

On y est presque!
À quelle adresse dois-je vous envoyer le Guide?