RBC: These are the best tech stocks to own over the next decade by Graham Rapier on Jun 27, 2018, 10:55 AM 
- RBC Capital Markets has published its "Imagine: 2025" portfolio of 75 stocks primed for the future.
- The bank says these tech stocks are best positioned to succeed on a longer timeline than normal stock picks.
Most equity research is focused on the immediate term, usually a year. Rarely do sell-side analysts concentrate on longer term prospects of companies. RBC Capital Markets stepped to the plate, however, to compile its “Imagine 2025” portfolio, a list of 75 stocks set to dominate the next decade of innovation and growth. The bank hopes its ideas "will challenge executives and asset managers to think expansively and creatively as as they invest with an eye towards the next decade." To compile the list, which RBC says was an "unprecedented collaboration" across its research department, Marc Harris, the firm’s head of global research, asked analysts to identify companies "they felt were positioning most boldly and effectively for the future." We rounded up the tech stocks — spanning the divide from retailers like Amazon to enterprise services like Salesforce — that RBC says are set to own the future: Synopsys  Ticker: SNPS Sector: Communications equipment & semiconductors Year-to-date performance: +0.4% Why it’s set to dominate the future: "The only player who benefits from AI spending despite the winner. While winners and losers may change in 7 years (difficult to predict) we know that EDA tools are needed to design the products." Source: RBC Capital Markets
Nvidia  Ticker: NVDA Sector: Communications equipment & semiconductors Year-to-date performance: +20.5% Why it’s set to dominate the future: "Leader in AI and have not seen a strong competitor despite TPU concerns. Also, tied to secular growth vectors of gaming and auto, believe will be the winner for self driving vehicles." Source: RBC Capital Markets
Amazon  Ticker: AMZN Sector: Internet Year-to-date performance: +44.8% Why it’s set to dominate the future: "Amazon, along with Google, have invested the most in AI competencies and have the Big Data access and Compute Power infrastructure to benefit the most from AI and ML deployments. AMZN also faces the most large TAMs among the Internet companies -- Retail, Cloud, Advertising, Shipping & Logistics, Business Supplies, etc.." Source: RBC Capital Markets
See the rest of the story at Business Insider
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