In this article, we will discuss the 10 Best NASDAQ Stocks to Invest In For Long Term.
On June 26, Melissa Brown, Managing Director of Investment Decision Research at SimCorp, joined BNN Bloomberg to discuss current market volatility despite a previously strong performance, specifically in the context of the AI boom, the Iran deal, and broader market concerns.
Brown suggested that the current sell-off has been long anticipated and noted that while earnings in the AI-related tech sector have been strong, there has been significant exuberance, potentially rational exuberance, surrounding high valuations. She explained that the market is beginning to differentiate between AI-related stocks, where some are succeeding while others are falling, as companies grapple with the ability to maintain earnings trajectories versus rising costs or infrastructure build-out challenges.
Regarding global market performance, Brown noted that while the US has been lagging behind other regions (excluding US small caps), emerging markets, particularly Korea and Taiwan, had performed strongly relative to the rest of the world due to the AI boom until the previous week. She observed that, regardless of the AI sector, the US has been one of the worst-performing markets compared to Europe, Canada, and Australia, suggesting that strength is present in various sectors worldwide.
Our Methodology
We sifted through financial media reports to compile a list of NASDAQ stocks widely discussed for their long-term potential, and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Note: All data was sourced 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’s 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 NASDAQ Stocks to Invest In For Long Term
10. Rocket Lab Corporation (NASDAQ:RKLB)
Number of Hedge Fund Holders: 43
Rocket Lab Corporation (NASDAQ:RKLB) is one of the best NASDAQ stocks to invest in for long term. On June 29, Rocket Lab announced a definitive agreement to acquire Iridium Communications in a transaction valued at ~$8.0 billion. Under the terms, Iridium shareholders will receive $54 per share in a mix of cash and stock. This historic merger aims to create a fully vertically integrated space powerhouse by combining Rocket Lab’s launch and satellite manufacturing expertise with Iridium’s global satellite network and L-band spectrum.
The deal supports Rocket Lab Corporation’s (NASDAQ:RKLB) strategic capabilities, providing an immediate foothold in the space applications market, including IoT, direct-to-device services, and resilient positioning, navigation, and timing/PNT solutions. By capturing launch margins internally and using Iridium’s base of over 2.55 million subscribers, the combined entity expects to achieve material revenue scale and enhance long-term cash flow generation.
Both companies view the acquisition as a transformative move to accelerate the development of next-generation satellite infrastructure. The partnership will focus on pioneering new space-based services for government, defense, and commercial customers while ensuring the continuity and advancement of Iridium’s existing constellation. The transaction is expected to close in mid-2027, pending regulatory and stockholder approvals.
Rocket Lab Corporation (NASDAQ:RKLB) is a space technology company headquartered in Long Beach, California, and founded in 2006. The company designs and manufactures rockets, spacecraft, and satellite components while providing dedicated launch services for small and medium-sized payloads
9. SoFi Technologies Inc. (NASDAQ:SOFI)
Number of Hedge Fund Holders: 47
SoFi Technologies Inc. (NASDAQ:SOFI) is one of the best NASDAQ stocks to invest in for long term. On June 23, SoFi announced the launch of Composer by SoFi, an AI-powered investing platform acquired to help investors transform ideas into automated strategies. The service allows users to use NL to design, test, and execute complex, rules-based investment plans without needing coding skills or multiple software tools.
The platform offers three primary ways to invest: designing custom strategies from scratch, selecting from over 2,000 community-built strategies, or building diversified portfolios that combine multiple approaches. Unlike autonomous trading bots, the platform keeps investors in control by using AI to build transparent, rules-based strategies that can be back-tested against historical data before activation.
This launch follows SoFi Technologies Inc.’s (NASDAQ:SOFI) recent introduction of its AI financial assistant, SoFi Coach, as part of its broader push to integrate advanced technology into its financial ecosystem. Composer will be integrated into the main SoFi platform, with expanded access provided to SoFi Plus members to simplify systematic investing alongside their existing financial products.
SoFi Technologies Inc. (NASDAQ:SOFI) operates as a provider of various financial services. The company operates in the Technology Platform, Lending, and Financial Services segments. It provides the SoFi Credit Card, Sofi Relay, SoFi Protect, SoFi Travel, SoFi At Work, Lantern Credit, and others.
8. Nebius Group NV (NASDAQ:NBIS)
Number of Hedge Fund Holders: 60
Nebius Group NV (NASDAQ:NBIS) is one of the best NASDAQ stocks to invest in for long term. On June 24, Nebius announced the release of Nebius AI Cloud 3.6, which introduces upgrades to developer experience, security, and storage performance. A key highlight is the introduction of Nebius Echo, an AI-powered agent integrated into the web console that allows users to manage infrastructure using NL. The update also streamlines workflows with improved search, notification systems, and one-click integration with SkyPilot.
To support production workloads in regulated environments, the platform has added enterprise-grade security features, including a new Key Management Service with customer-managed encryption keys and Workload Identity Federation. Additionally, FinOps teams can now use a new budgeting tool to set spending targets and alerts, while engineers gain more granular control over Kubernetes and containerized image deployments.
The release further addresses performance bottlenecks through major storage enhancements, including local SSD support for GPU servers and an intelligent object storage class for cost-effective data archiving. These updates, combined with the launch of the Nebius Builder Program and new professional certifications, are designed to help teams scale AI projects more efficiently while maintaining operational control.
Nebius Group NV (NASDAQ:NBIS) is a technology company that provides infrastructure and services to AI builders worldwide. It offers Nebius AI, an AI-centric cloud platform that provides full-stack infrastructure, including large-scale GPU clusters, cloud services, and developer tools.
7. CoStar Group Inc. (NASDAQ:CSGP)
Number of Hedge Fund Holders: 62
CoStar Group Inc. (NASDAQ:CSGP) is one of the best NASDAQ stocks to invest in for long term. On July 2, CoStar officially launched its commercial real estate intelligence platform in France, targeting the country’s estimated €300 billion market. By using prior local acquisitions such as BureauxLocaux and Business Immo, alongside significant proprietary research, CoStar provides a comprehensive database covering the office, logistics, and hospitality sectors in major hubs like Paris, Lyon, and Marseille.
The platform offers French industry professionals (including investors, brokers, and owners) a unified tool for accessing curated property records, live availabilities, verified lease and sale comparables, and real-time market analytics. CoStar’s French debut features an extensive initial dataset, including over 290,000 tracked properties and 385,000 commercial tenants, to increase transparency and speed up decision-making across the sector.
CoStar CEO Andy Florance noted that the launch facilitates easier cross-border investment, connecting France to the company’s global subscriber base of over 320,000 professionals. This expansion continues CoStar Group Inc.’s (NASDAQ:CSGP) strategy of applying its global data and technology standards to new markets, providing French users with advanced tools to support performance and growth in an evolving real estate landscape.
CoStar Group Inc. (NASDAQ:CSGP) provides online real estate marketplaces, information, and analytics for the commercial and residential property markets.
6. Texas Instruments Incorporated (NASDAQ:TXN)
Number of Hedge Fund Holders: 71
Texas Instruments Incorporated (NASDAQ:TXN) is one of the best NASDAQ stocks to invest in for long term. On June 2, Texas Instruments announced that Julie Knecht will become the company’s new chief financial officer, effective August 1. She will succeed Rafael Lizardi, who is retiring after a 25-year tenure. To ensure a smooth transition, Lizardi will remain in an advisory capacity until August 31.
Leadership at Texas Instruments credited Lizardi for his long-term focus on disciplined capital allocation and investments in manufacturing capacity. Knecht, a 25-year veteran of the firm, has worked closely with Lizardi for over a decade, with CEO Haviv Ilan highlighting her proven track record in strategic planning and financial operations as a key factor in her promotion.
Expressing her commitment to the company’s culture and strategy, Knecht stated she looks forward to building on Texas Instruments Incorporated’s (NASDAQ:TXN) established success. Meanwhile, the company remains focused on its operational goals and is scheduled to announce its Q2 2026 financial results on July 22.
Texas Instruments Incorporated (NASDAQ:TXN) is involved in the design and manufacture of semiconductors. The company’s operations are divided into the following segments: Analog, Embedded Processing, and Other.
While we acknowledge the potential of TXN 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 TXN and that has 100x upside potential, check out our report about the cheapest AI stock.
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