In this article, we will look at the 10 Best Long Term Growth Stocks to Invest In Now.
On July 1, Doug Clinton of Intelligent Alpha appeared on CNBC to talk about why tech may be primed for a correction. He was of the view that if we look back at the dot-com era, there were ten corrections of 10% throughout that 6-year period. There are a lot of comparisons that people make between the AI era now and the dot com era previously, and one of the things he has noticed studying the prior period is that when we get these periods after a strong run, which we have just had in the Nasdaq, you start to see some wobbles and some more “spiky volatility” where you have bigger day-to-day moves, a few percent up, a few percent down.
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He further stated that it often correlates with one of those 10% corrections moves, and so that is kind of what we are observing right now. Wapner also stated that he wouldn’t be surprised if we went all the way down; that 10% correction would be around 24,000 or so, a little higher than that in the Nasdaq.
With these broader market trends in view, let’s narrow down and look at the best long term growth stocks to invest in now.
Our Methodology
We used stock screeners and online media reports to identify the best long-term growth stocks with a 5-year EPS growth estimate of over 30%. We then selected the top 10 stocks most popular among hedge funds as of Q1 2026, using the hedge fund sentiment data from Insider Monkey’s database. The stocks are arranged in ascending order of hedge fund sentiment.
Note: All data was recorded on July 1.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
10 Best Long Term Growth Stocks to Invest In Now
10. ASE Technology Holding Co., Ltd. (NYSE:ASX)
Number of Hedge Fund Holders: 23
ASE Technology Holding Co., Ltd. (NYSE:ASX) is one of the best long-term growth stocks to invest in now. BofA lifted the price target on ASE Technology Holding Co., Ltd. (NYSE:ASX) to $48 from $36 on June 24 and reaffirmed a Buy rating on the shares. The firm told investors that the company is positioned to benefit from the expansion of AI infrastructure across three major compute categories, which include GPUs, ASICs, and server CPUs, via its VIPack solution.
In its unaudited consolidated financial results for fiscal Q1 2026, ASE Technology Holding Co., Ltd. reported net revenues of NT$173,662 million for the quarter, up by 17.2% year-over-year and down by 2.4% sequentially. Management reported that net income attributable to shareholders of the parent for fiscal Q1 totaled NT$14,148 million, up from NT$7,554 million in fiscal Q1 2025 and down from NT$14,713 million in fiscal Q4 2025. In addition, basic earnings per share for fiscal Q1 2026 reached NT$3.24 (or US$0.205 per ADS), compared to NT$1.75 for 1Q25 and NT$3.37 for fiscal Q4 2025.
ASE Technology Holding Co., Ltd. provides semiconductor manufacturing services and is involved in the development and offering of complete turnkey solutions in IC (Integrated Circuit) packaging, front-end engineering testing, design and production of interconnect materials, wafer probing and final testing, as well as electronic manufacturing services.
9. Western Digital Corporation (NASDAQ:WDC)
Number of Hedge Fund Holders: 83
Western Digital Corporation (NASDAQ:WDC) is one of the best long-term growth stocks to invest in now. Cantor Fitzgerald lifted the price target on Western Digital Corporation (NASDAQ:WDC) to $900 from $660 on June 29 and reiterated an Overweight rating on the shares, telling investors in a research note that the AI infrastructure buildout is viewed as a generational semiconductor cycle that is both durable and extended by supply chain constraints. It further stated that expectations for faster-than-previously forecasted industry revenue expansion are reaching approximately $3 trillion by CY29 and potentially exceeding $3.5 trillion by CY30.
In another development, JPMorgan lifted the price target on Western Digital Corporation to $650 from $530 on June 12 and maintained an Overweight rating on the shares, telling investors in a research note that the firm is raising its earnings forecasts for the HDD companies primarily led by a more positive view on pricing, and in turn, the incremental margins that the companies are expected to report in the coming quarters.
Western Digital Corporation is involved in the development, manufacture, marketing, and sale of data storage devices and solutions.
8. Corning Incorporated (NYSE:GLW)
Number of Hedge Fund Holders: 91
Corning Incorporated (NYSE:GLW) is one of the best long-term growth stocks to invest in now. Mizuho lifted the price target on Corning Incorporated (NYSE:GLW) to $270 from $220 on July 1, maintaining an Outperform rating on the shares. The firm told investors in a research note that, as part of a fiscal Q2 earnings preview, it cut price targets for a majority of the stocks under its basic chemical coverage and upped targets for four technology materials stocks. Mizuho further stated that oil futures have recently declined, which is reducing the natural gas advantage expectations for many basic chemicals. It added that the continued downstream investment in advanced computing should lengthen the duration of the tech materials’ strength.
Corning Incorporated also received a rating update from Truist on June 22, with the firm lifting the price target on the stock to $205 from $149 and maintaining a Hold rating on the shares. The rating update came ahead of its fiscal Q2 results, and the firm told investors in a research note that it believes the company sits in a highly favorable strategic position via its Optical and Solar segments, which make up over 50% of sales and drive its expectations for 17% sales CAGR through 2030.
Corning Incorporated provides glass for flat panel desktop monitors, notebook computers, display televisions, and other information display applications, carrier network, and enterprise network products. The company’s operations are divided into the following segments: Optical Communications, Display, Specialty Materials, Automotive, and Life Sciences.
7. Seagate Technology Holdings Plc (NASDAQ:STX)
Number of Hedge Fund Holders: 93
Seagate Technology Holdings Plc (NASDAQ:STX) is one of the best long-term growth stocks to invest in now. Melius Research initiated coverage of Seagate Technology Holdings Plc (NASDAQ:STX) with a Buy rating on June 29, setting a price target of $1,600 on the stock.
Previously, Seagate Technology Holdings Plc was downgraded by Fox Advisors to Equal-Weight from Outperform on June 22, with the firm citing concerns that expectations for hard disk drive pricing “may be getting ahead” of likely increases.
Seagate Technology Holdings Plc also received a rating update from Wells Fargo on June 1. The firm raised the price target on the stock to $900 from $700 and reiterated an Equal Weight rating on the shares. Wells stated that last week it hosted meetings on its 4th Annual Wells Fargo Silicon Valley Bus Tour, the week before, and each one of them had a positive demand tone, ranging from AI data center build-outs to the proliferation of AI inferencing / Agentic AI, driving significant incremental server CPU demand and continued drives of memory expansion.
Seagate Technology Holdings Plc is a holding company that develops, produces, and distributes data storage products and electronic data storage solutions. Its products include solid state drives, serial advanced technology attachment controllers, hard disk drives, solid state hybrid drives, peripheral component interconnect express cards, storage subsystems, and computing solutions.
6. The Boeing Company (NYSE:BA)
Number of Hedge Fund Holders: 99
The Boeing Company (NYSE:BA) is one of the best long-term growth stocks to invest in now. Reuters reported on June 30 that The Boeing Company (NYSE:BA) announced that an unplanned IT outage affected some of its computer systems and applications. Air Current stated that, according to people familiar with the issue, the outage “significantly disrupted” the company’s commercial and military production.
Reuters further stated that while The Boeing Company did not comment on the report, it said that it has understood the cause of the outage, and does not have any reason to believe that it was due to a cyberattack. The company added that its IT team was working to bring all the systems back online. Air Current further stated that while The Boeing Company was able to complete some deliveries on the last day of the quarter, its final commercial jet inspections and paperwork largely came to a halt due to the disruption.
The Boeing Company is an aerospace company involved in the manufacture of commercial jetliners and defense, space, and security systems. The company’s operations are divided into the following segments: Commercial Airplanes (BCA), Defense, Space and Security (BDS), and Global Services (BGS).
5. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holders: 112
Intel Corporation (NASDAQ:INTC) is one of the best long-term growth stocks to invest in now. Cantor Fitzgerald lifted the price target on Intel Corporation (NASDAQ:INTC) to $150 from $90 on June 29 and maintained a Neutral rating on the shares, telling investors in a research note that the AI infrastructure buildout is viewed as a generational semiconductor cycle that is both durable and extended by supply chain constraints. It added that expectations for faster-than-previously-forecast industry revenue expansion reach roughly $3T by CY29, potentially exceeding $3.5T by CY30.
In another development, Reuters reported on June 16 that Intel Corporation has announced the entry of the new generation of its 18A manufacturing process into risk production, as the company sees strong demand for its central processors. It further stated that by moving 18A-P into initial production, Intel Corporation aims to demonstrate that it is following through on its manufacturing commitments, which could potentially make the technology more appealing to external customers. Reuters added that finance chief David Zinsner said in March that the company’s CEO, Lip-Bu Tan, has started recognizing 18A as a potential offering for external clients, changing the earlier perspective that the process would generate returns only through the company’s own products.
Intel Corporation is involved in the design, sale, and manufacture of computer products and technologies. It delivers data storage, computer, networking, and communications platforms. The company’s operations are divided into the following segments: Client Computing Group (CCG), Data Center and AI (DCAI), Intel Foundry Services (IFS), and All Other.
4. Lam Research Corporation (NASDAQ:LRCX)
Number of Hedge Fund Holders: 123
Lam Research Corporation (NASDAQ:LRCX) is one of the best long-term growth stocks to invest in now. Susquehanna lifted the price target on Lam Research Corporation (NASDAQ:LRCX) to $475 from $385 on June 30 and maintained a Positive rating on the shares. The firm updated its model after channel checks, suggesting an upward revision to SCE backlog now extending beyond one year, with WFE expected to reach as high as $300B. The firm is now raising its estimates for 2026 and 2027, along with introducing 2028 projections based on WFE of $250B.
In another development, Cantor Fitzgerald lifted the price target on Lam Research Corporation to $425 from $320 on June 10 and maintained an Overweight rating on the shares, telling investors in a research note that the firm believes the semi equipment industry is in the “early innings of a multi-year supply-constrained and durable upcycle.” It added that the outlook has improved over the last three months, with bookings visibility now beginning to extend into 2028.
Lam Research Corporation is involved in the design, manufacture, refurbishment, marketing, and provision of semiconductor processing equipment that is used in the fabrication of integrated circuits. The company’s operations are divided into the following geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan.
3. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders: 134
Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the best long-term growth stocks to invest in now. Wells Fargo lifted the price target on Advanced Micro Devices, Inc. (NASDAQ:AMD) to $615 from $505 while maintaining an Overweight rating on the shares. The firm stated that EPYC server CPU demand strength plus pricing upside drives an increase. It added that it is maintaining above-Street data center GPU revenue estimates, with 2027 and 2028 EPS moving to $13.40 and $18.75.
For reference, in its financial results for fiscal Q1 2026, Advanced Micro Devices, Inc. reported revenue of $10.3 billion, net income of $1.4 billion, gross margin of 53%, operating income of $1.5 billion, and diluted earnings per share of $0.84. Gross margin on a non-GAAP basis was 55%, while operating income was $2.5 billion, with net income of $2.3 billion and diluted earnings per share of $1.37.
Advanced Micro Devices, Inc. is a global semiconductor company focused on high-performance computing, visualization technologies, and graphics.
2. Applied Materials, Inc. (NASDAQ:AMAT)
Number of Hedge Fund Holders: 138
Applied Materials, Inc. (NASDAQ:AMAT) is one of the best long-term growth stocks to invest in now. Susquehanna lifted the price target on Applied Materials, Inc. (NASDAQ:AMAT) to $900 from $575 on June 30, and maintained a Positive rating on the shares. The firm updated its model after channel checks, suggesting an upward revision to SCE backlog now extending beyond one year, with WFE expected to reach as high as $300B. The firm is now raising its estimates for 2026 and 2027, along with introducing 2028 projections based on WFE of $250B.
Separately, Applied Materials, Inc. announced on June 25 the introduction of a suite of new chipmaking systems to build the advanced 3D chip architectures that power next-generation AI. Dr. Prabu Raja, President of the Semiconductor Products Group at Applied Materials, Inc., stated that the transistor and materials technologies that previously drove performance gains in leading-edge logic are now becoming essential in DRAM, adding that as “DRAM scales to meet the bandwidth demands of HBM and AI workloads, the distinction between logic and memory process technology is converging. By leveraging our epitaxy leadership in leading-edge logic, Applied is uniquely positioned to drive this transition in DRAM.”
Applied Materials, Inc. provides materials engineering solutions used to produce semiconductors and also focuses on the design, production, development, and servicing of critical wafer fabrication tools used for customers for the manufacture of semiconductors. The company’s operations are divided into the following segments: Semiconductor Systems and Applied Global Services (AGS).
1. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 275
NVIDIA Corporation (NASDAQ:NVDA) is one of the best long-term growth stocks to invest in now. Reuters reported on July 1 that Valar Atomics announced on Wednesday a partnership with NVIDIA Corporation (NASDAQ:NVDA) for the development of a small data center in Utah, which, according to the companies’ claims, will show how computing facilities needed for AI can conserve water. Valar Atomics is a nuclear power startup based in California, and announced the partnership at the site of its small nuclear plant, called a microreactor. Reuters further reported that the company also ran a demonstration powering Nvidia’s Blackwell, which is its latest AI chip architecture for data centers, marking the first time a small reactor powered a data center, according to the companies.
John Josephakis, an NVIDIA Corporation global vice president, stated that through the partnership with Valar Atomics, the company is “exploring how behind-the-meter, waterless advanced nuclear systems could support future AI factories built for the scale and reliability accelerated computing requires”.
NVIDIA Corporation designs and manufactures computer graphics processors, chipsets, and other multimedia software. It operates in the Compute & Networking and Graphics Processing Unit (GPU) segments.
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