Dividends4Life: 3 Tech Stocks With More Potential Than Any Cryptocurrency

Dividend Growth Stocks News

Investing in cryptocurrencies is tricky, as there are not many concrete reasons for their fluctuation in value. Consequently, investing in a company with a history of innovation and well-performing products is a more reliable way to let your money work for you. Here are three tech stocks with more potential than any cryptocurrency.

Along with Nvidia, Advanced Micro Devices (AMD) played a critical role in the development of the cryptocurrency market with its graphics processing units (GPUs). Up until September, GPUs were a crucial component in mining the cryptocurrency Ethereum. While the value of Bitcoin has risen 218% in the last five years, Apple's (AAPL 0.24%) share price has increased 259% in the same period despite steep declines in the tech industry throughout 2022. Looking at the past 12 months, Bitcoin's value has plummeted 64.8% while Apple's stock has fallen 1.2%. Alphabet (GOOG) is easily one of the fastest-growing companies in the world, making its stock a more reliable option than any cryptocurrency. The company offers investors the security of potent brands such as Android, Chrome, YouTube, and Google, each having a substantial market share in their related industries.

Source: Motley Fool

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