Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term

In the realm of technological advancements, we’ve witnessed significant breakthroughs that boost organizational productivity and simplify daily life. The need for these service offerings is expected to remain robust, given the increasing number of businesses transitioning towards digital platforms and integrating cloud-based software to streamline their operations.

Given this increase in demand, it’s logical to invest some funds into rapidly expanding tech companies with high growth potential and keep them for an extended period. This strategy allows your money to grow exponentially, helping you accumulate a more substantial savings fund for your golden years.

Here are three attractive technology stocks that you can accumulate for the long run.

1. Workday

Workday (WDAY) runs a cloud-based service offering human resource management and financial management tools, with over 11,000 clients spread across 175 nations. The company’s services are in high demand, as shown by the consistent increase in its revenue. Notably, Workday became profitable during fiscal year 2024 and has also enhanced its free cash flow generation.

Metric 2023 2024 2025
Revenue $6.216 billion $7.259 billion $8.446 billion
Operating income ($222 million) $183 million $415 million
Net income ($367 million) $1.381 billion $526 million
Free cash flow $1.292 billion $1.907 billion $2.189 billion

For the initial quarter of fiscal year 2025, Workday reported robust financial figures. The revenue surged by 12.6% compared to the previous year, amounting to $2.2 billion. However, the operating income dropped by 39% year over year, reaching only $39 million, due to a restructuring fee. When excluding this charge, both operating and net income would have increased significantly, by 185% and 103% respectively, totaling $205 million and $234 million in operating and net income respectively.

Workday’s cash flow remained robust, growing by 45% annually to reach $421 million. They also announced a total subscriber contracted revenue of $24.6 billion, marking a 19% increase compared to the previous year. Looking ahead to fiscal 2026, the company anticipates overall revenue to surge by 12% year-on-year, reaching an estimated $9.5 billion. This growth is expected to be driven by a 14% rise in subscription revenue annually.

I’m absolutely thrilled about the ongoing momentum in earnings! It seems that Workday is forging ahead with exciting new collaborations – notably with Accenture and Microsoft. These strategic partnerships aim to interconnect their AI agents with Workday’s own system, creating a seamless agent gateway. This innovative integration will enable partners like Accenture and Microsoft to align their AI systems harmoniously with Workday, thereby enhancing workflow efficiency for the mutual benefit of our customers.

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Workday has rolled out advancements aimed at expediting recruitment and streamlining financial operations, making it more appealing to clients and potentially drawing in fresh business. The company’s leadership sees a potential market worth $160 billion, offering exciting prospects for future expansion over the coming years.

2. Samsara

Samsara (Internet of Things) manages a system that links individuals, gadgets, and systems to produce useful insights aimed at boosting organizational efficiency. The demand for their services has noticeably increased over the past years, as demonstrated by the growth in revenue and an upward trend in gross profit margin, as depicted in the table. Additionally, the company reported positive free cash flow during its most recent fiscal year.

Metric 2023 2024 2025
Revenue $652.545 million $937.385 million $1.249 billion
Gross profit $469.889 million $690.353 million $950.878 million
Gross profit margin 72% 73.6% 76.1%
Free cash flow ($136.261 million) ($22.768 million) $111.482 million

In the initial quarter of fiscal year 2026, Samsara demonstrated remarkable growth figures. The company’s revenue surged by an impressive 30.7%, amounting to $366.9 million compared to the same period last year. Moreover, the gross profit margin escalated, reaching a high of 77.3% in this quarter. The business also experienced a significant increase in free cash flow, which doubled from $18.6 million last year to $45.7 million in the current fiscal. Additionally, Samsara’s Annual Recurring Revenue (ARR) increased by 31%, culminating in a staggering $1.5 billion. Furthermore, the number of customers spending over $100,000 grew by 35% year over year, reaching 2,638.

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During their Investor Day event in June, management offered a sneak peek into the future growth strategies of the company. Their goal is to create one of the biggest operational datasets globally, which would enhance the appeal of their connected operations platform. Leveraging the flywheel effect, Samsara aims to entice more customers as they expand their data points and introduce new products.

A “land and grow” approach allows businesses to win customers initially and subsequently boost their sales by offering additional subscriptions of current offerings and introducing new products. Samsara, having estimated a market worth $137 billion for its connected operations, has a vast opportunity for expansion, not just within the U.S., but globally as well.

3. MongoDB

MongoDB (MDB) functions as a data platform that offers built-in features for search and real-time analytics. Its cloud service empowers AI-driven retrieval, assisting businesses in streamlining their infrastructure, fostering innovation, and enhancing efficiency. The company has been experiencing steady growth in revenue, with its gross profit margin consistently ranging from 72% to 75%. Significantly, MongoDB achieved positive free cash flow in fiscal year 2024, a trend that seems likely to continue.

Metric 2023 2024 2025
Revenue $1.284 billion $1.683 billion $2.006 billion
Gross profit $934.736 million $1.259 billion $1.471 billion
Gross profit margin 72.8% 74.8% 73.3%
Free cash flow ($20.214 million) $115.403 million $120.641 million

In the initial quarter of fiscal year 2026, MongoDB’s earnings soared by 21.9% compared to the same period last year, reaching a total of $549 million. Simultaneously, its gross profit experienced an increase of 19.2% year over year, amounting to $391 million. The free cash flow also saw a significant rise, reaching $108.3 million for the quarter, which is nearing the level it held at the end of fiscal year 2025. Furthermore, the total number of customers surpassed 57,100 for the quarter, marking a 16% growth compared to the same period last year. Additionally, the number of customers spending over $100,000 annually on recurring revenue rose by 17.3%, reaching 2,506. This indicates a higher overall expenditure from MongoDB’s customer base.

In fiscal year 2026, it is anticipated that the company’s revenue will reach approximately $2.27 billion, right in the middle of their projected range. This would signify an increase of nearly 13% compared to the previous year.

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I’m observing that MongoDB is only scratching the surface in terms of its growth potential. At this point, only about a third of Fortune 2000 corporations are using their services, indicating there’s plenty of opportunity for expansion within the enterprise market.

In February, our company purchased Voyage AI, a software company specializing in embedding models that strengthen future AI applications. Leading in AI-driven search and retrieval, Voyage AI’s incorporation into MongoDB’s platform will boost our AI functionalities and enable us to expand the reach of our AI applications. This strategic decision is expected to make our business more appealing to prospective clients.

In simple terms, the potential value of the data management software market was estimated at $94 billion in the year 2024 and is expected to reach $153 billion by 2028. MongoDB finds itself in a strategic position to seize a portion of this rapidly expanding market, aiming to boost its revenue and cash flow.

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2025-07-25 12:47