In this article, we will discuss the 10 Best Multibagger Stocks to Buy for Long Term.
On April 10, Reuters reported that the Q1 earnings season will begin with reports flowing in from the renowned US banks. The optimism about stocks stemmed from expectations for a healthy quarter and a year of growth in profits. Reuters, while quoting Nick Giorgi (chief equity strategist at Alpine Macro), noted that the market remains strong because earnings estimates continue to move northward. The negative impact of the recent geopolitical conflict is yet to be felt on the fundamentals.
Around 10% of the S&P 500 companies will report their Q1 results by Friday, with S&P 500 company earnings anticipated to rise by ~14% YoY, as per consensus estimates compiled by LSEG IBES. Reuters, while quoting Mark Hackett (chief market strategist for Nationwide), reported that this will mark the 6th straight quarter that saw double-digit growth. As per LSEG IBES, the broader technology sector is expected to drive earnings up by over 40%, with healthcare earnings anticipated to decline by 10%.
Amidst such trends, we will now have a look at the 10 Best Multibagger Stocks to Buy for Long Term
Our Methodology
To list the 10 Best Multibagger Stocks to Buy for Long Term, we used a screener to shortlist the stocks that have increased at least ~100% over the past year. Finally, we chose the ones popular among hedge funds, as of Q4 2025.
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. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
10 Best Multibagger Stocks to Buy for Long Term
10. Dell Technologies Inc. (NYSE:DELL)
Dell Technologies Inc. (NYSE:DELL) is one of the Best Multibagger Stocks to Buy for Long Term. On April 8, BofA Securities lifted its price objective on the company’s stock to $205 from $172, while maintaining a “Buy” rating on the shares. The new price target reflects an upside of ~15.3% from the current market price of $177.8.
The firm’s analyst, Wamsi Mohan, believes that Dell Technologies Inc. (NYSE:DELL) has been executing from a position of strength in the broader AI infrastructure buildout. The company possesses enough supply and operational capacity to deliver the fiscal 2027 guidance. Its CEO noted that AI demand remains strong, highlighting AI as the foundational shift. Overall, the firm opines that robust execution, increased attachment of Dell intellectual property in storage, and early stages of enterprise AI adoption are the factors behind maintaining the rating on the company’s stock.
Also, Dell Technologies Inc. (NYSE:DELL)’s differentiated capability to deliver at scale places it to compound EPS growth and FCF across the AI cycle.
Dell Technologies Inc. (NYSE:DELL) is engaged in designing, developing, manufacturing, marketing, selling, and supporting various comprehensive and integrated solutions, products, and services.
9. Valero Energy Corporation (NYSE:VLO)
Valero Energy Corporation (NYSE:VLO) is one of the Best Multibagger Stocks to Buy for Long Term. On April 8, Piper Sandler lifted the price target on the company’s stock to $263 from $236 and kept an “Overweight” rating. Notably, the firm revised the estimates for the company on the basis of quarter-end mark-to-market on commodity pricing as well as marginal adjustments to its operating assumptions.
Furthermore, it reduced the Q1 EPS estimate to $3.05 from the prior estimate of $3.74, with the EBITDA estimate reducing to $2.151 billion from $2.422 billion. Notably, the firm believes that Valero Energy Corporation (NYSE:VLO) remains well-placed compared to its peers in the current market environment. It expects tailwinds for earnings in 2026, while maintaining a bullish outlook on 2026 and beyond.
With Valero Energy Corporation (NYSE:VLO) remaining the firm’s top large-cap pick, the updated price objective is based on a revised FCF yield assumption.
Valero Energy Corp (NYSE:VLO) operates in the oil refining/marketing industry. The company is involved in manufacturing and marketing transportation fuels and other petrochemical products.
8. Sandisk Corporation (NASDAQ:SNDK)
Sandisk Corporation (NASDAQ:SNDK) is one of the Best Multibagger Stocks to Buy for Long Term. On April 10, Jefferies lifted its price objective on the company’s stock to $1,000 from $700 and maintained a “Buy” rating on the shares. As per the firm, ongoing long-term agreement negotiations as well as AI demand are the factors that are helping further increase in NAND prices. Also, the firm expects such dynamics to result in positive revisions for Sandisk Corporation (NASDAQ:SNDK).
Notably, the price target of $1,000 is on the basis of a 10x multiple applied to the CY 2028 EPS estimate of $95.26. As per the analyst, the firm has been outlining its thoughts on the present memory landscape in conjunction with the rise in price objective. Sandisk Corporation (NASDAQ:SNDK) is anticipated to start shipping QLC eSSDs to 2 Tier 1 customers over the upcoming quarters. The firm opines that this can fuel market share gains in its Data Center business.
Sandisk Corp. (NASDAQ:SNDK) is a semiconductor and flash storage hardware company.
7. Quanta Services, Inc. (NYSE:PWR)
Quanta Services, Inc. (NYSE:PWR) is one of the Best Multibagger Stocks to Buy for Long Term. On April 1, analyst Sherif El-Sabbahy from Bank of America Securities maintained a “Buy” rating on the company’s stock and kept the price objective at $610.00. The analyst’s rating is backed by several factors. The analyst highlighted Quanta Services, Inc. (NYSE:PWR)’s capability to compound value via a craft‑labor centric, full‑service model. This tends to tap into increased customer spending and also improves margins through deeper vertical integration.
Quanta Services, Inc. (NYSE:PWR)’s enhanced emphasis on manufacturing, procurement, and supply‑chain capabilities will be the next stage of competitive evolution. Also, the analyst believes that this can act as a durable moat and that supports the management’s updated outlook on long‑term earnings and cash flow.
Furthermore, the analyst highlighted that Quanta Services, Inc. (NYSE:PWR)’s 2030 financial targets, which include increased EBITDA and significant FCF generation, remain in accordance with the previous thesis that it can be a $100 billion‑plus industrial player.
Quanta Services, Inc. (NYSE:PWR) is engaged in offering infrastructure solutions to the electric and gas utility, power generation, communications, pipeline, and energy industries.
6. Freeport-McMoRan Inc. (NYSE:FCX)
Freeport-McMoRan Inc. (NYSE:FCX) is one of the Best Multibagger Stocks to Buy for Long Term. On April 9, JPMorgan analyst Bill Peterson lifted its price objective on the company’s stock to $76 from $68, while keeping an “Overweight” rating on the shares. The revised price objective represents an increase of ~12.1% from the closing price of $67.8. Notably, the firm adjusted the price targets in the broader base metals group. This adjustment forms part of the Q1 preview.
As per the analyst, ever since the conflict in the Middle East began, the aluminum stocks have significantly outperformed. On the other hand, the inflation worries have impacted the copper stocks. Therefore, the firm opines that the near-term direction of the broader group is dependent on the developments happening in the Middle East.
Notably, 2 research analysts have a “Strong Buy” rating on Freeport-McMoRan Inc. (NYSE:FCX)’s stock, while 18 analysts have a “Buy” rating. Finally, 3 analysts gave a “Hold” rating to its stock.
Freeport-McMoRan Inc. (NYSE:FCX) is a leading global mining company.
While we acknowledge the potential of FCX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FCX and that has 100x upside potential, check out our report about the cheapest AI stock.
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