Intel (NASDAQ: INTC) and International Business Machines (NYSE: IBM) have disappointed investors for years. Intel is facing increased competition from Advanced Micro Devices and an extremely weak PC market, while IBM is coming off a decade-long turnaround effort that's only now starting to pay off. While it's been a tough period for Intel and IBM investors, both companies appear to be gaining momentum.
Investors who find themselves with $5,000 of available capital to invest not needed for monthly bills, short-term debt, and/or an emergency fund are in a great position right now. The 2022 bear market is winding down, and even if investors missed out on buying in at the bottom of the latest bear on many stocks, tech stocks are still trading off from highs and have more room for recovery and growth. Let's find out a bit more about why these two tech stocks are great buy-and-hold candidates.
As investors, it's important to identify durable competitive advantages that exist. With that in mind, here are three companies I think have long-lasting competitive advantages, making their stocks worthy of investment today. Advanced Micro Devices (NASDAQ: AMD) is a leader in the semiconductor field, with numerous competitive advantages.