In this article, we will be taking a look at the 11 Best Growth Stocks to Buy and Hold Forever.
Global equities are likely to continue edging higher even as valuation concerns continue to arouse fear among investors. A survey by Bank of America of global fund managers indicates that most of them remain overweight equities. Likewise, opinions about growth have improved significantly, with only 16% of economists expecting the economy to weaken.
The survey underscores the bullish thesis in the equity markets as the risk of a recessionary trade war increasingly subsides. According to Michael Hartnett of Bank of America Corp., exposure in the equity markets is not at extreme levels, which bodes well for additional gains.
Consequently, the outlook for growth stocks that often trade at a premium is looking increasingly positive, especially with the US Federal Reserve hinting at further interest rate cuts.
“Equity markets are reaching the closest thing to nirvana when economic growth is good enough and the Fed is looking to cut interest rates anyway,” said Matt Miskin, co-chief investment strategist for Manulife John Hancock Investments.
Amid a resilient US economy poised to benefit from a low-interest-rate environment, companies that consistently grow revenue and earnings at a brisk pace stand to be the biggest winners. Unlike artificial intelligence-driven trading at 100 times sales, solid growth stocks are known for their meaningful cash and ability to ride secular trends.
With this economic outlook in mind, let’s examine the best growth stocks to buy and hold for the long term.
Our Methodology
To identify the best growth stocks to buy and hold forever, we used Finviz screener to scan for growth stocks. We focused on stocks with EPS growth of more than 10% over the past five years and an expected EPS growth rate of at least 20% over the next five years. We also trimmed our list to focus on stocks with a forward price-to-earnings multiple of more than 20 (as of September 24) and that were popular among elite hedge funds in Q2 2025. Finally, we ranked the stocks in ascending order based on the number of hedge funds that hold stakes in them.
Why are we interested in the stocks that hedge funds pile into? The reason is straightforward: our research has demonstrated that we can outperform the market by replicating 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Best Growth Stocks to Buy and Hold Forever
11. Comfort Systems USA, Inc. (NYSE:FIX)
EPS Growth Over the Past Five Years: 36.52%
EPS Growth Over the Next Five Years: 24.58%
Forward Price to Earnings Ratio: 30.31
Number of Hedge Fund Holders: 53
Comfort Systems USA, Inc. (NYSE:FIX) is one of the best growth stocks to buy and hold forever. On September 15, UBS reiterated a ‘Buy’ rating on the stock and increased its price target to $875 from $710. The price hike comes on the company demonstrating strong financial health with an over 70% year-to-date return.
In addition, the research firm raised its price target, impressed by the company’s management reiterating that the company is facing a robust project environment. Bookings have extended into late 2026 for both traditional construction and modular projects.
UBS expects Comfort Systems to capitalize on the strong demand environment, especially on the backdrop of a skilled Labor shortage. The company had a strong second quarter, with 20% year-over-year revenue growth. The growth was driven by an 18.5% organic growth and 1.5% from acquisitions.
Comfort Systems USA, Inc. (NYSE:FIX) provides comprehensive mechanical, electrical, and plumbing (MEP) services for commercial and industrial construction, including design, installation, and ongoing maintenance. The company offers both traditional and modular construction solutions for a wide range of market sectors and building types.
10. Howmet Aerospace Inc. (NYSE:HWM)
EPS Growth Over the Past Five Years: 22.24%
EPS Growth Over the Next Five Years: 23.36%
Forward Price to Earnings Ratio: 44
Number of Hedge Fund Holders: 57
Howmet Aerospace Inc. (NYSE:HWM) is one of the best growth stocks to buy and hold forever. On September 4 at the Jefferies Mining and Industrials Conference 2025, the company reiterated its underlying growth despite industry-wide destocking and supply chain challenges.
According to CEO John Plant, the company is experiencing healthy growth in its spares business, attributed to strong demand for engine overhauls and turbine blade replacements. Likewise, Howmet is investing in capacity expansion with plans for new plants in Michigan and Kentucky to address the growing demand.
Capacity expansion should enable the company to meet higher production rates for Boeing and Airbus narrow-body aircraft, which are expected to remain high with further hikes anticipated in 2026. In the short term, the company is focusing on meeting market demand rather than automating its processes.
Howmet Aerospace Inc. (NYSE:HWM) designs, manufactures, and supplies high-performance engineered metal components for the aerospace, defense, and industrial gas turbine industries. Its products include engine components, such as airfoils and rings, as well as airframe structures, including bulkheads and spars, and fasteners.
9. DexCom, Inc. (NASDAQ:DXCM)
EPS Growth Over the Past Five Years: 39.06%
EPS Growth Over the Next Five Years: 24.59%
Forward Price to Earnings Ratio: 26.07
Number of Hedge Fund Holders: 60
DexCom, Inc. (NASDAQ:DXCM) is one of the best growth stocks to buy and hold forever. On September 22, UBS reiterated a ‘Buy’ rating on the stock and a $106 price target. The research firm reiterated the bullish stance even as the company faces concerns over its G7 continuous glucose monitoring sensor.
The device has come under scrutiny over allegations of inaccuracies in readings that have led to hospitalization and deaths. UBS has come to its defense, with analyst Danielle Antalffy insisting that physician checks, management conversations, and surveys have yet to indicate any differences in reliability or quality.
The research firm expects the G7 continuous glucose monitoring device to continue eliciting strong demand, given the broader adoption trajectory for CGM technology.
DexCom, Inc. (NASDAQ:DXCM) develops and sells continuous glucose monitoring (CGM) systems that help people with diabetes track and manage their blood sugar levels. Their wearable sensors send real-time glucose data to a smart device, allowing users to make informed decisions about food, activity, and medication, and to live more freely by reducing the need for frequent finger pricks.
8. LPL Financial Holdings Inc. (NASDAQ:LPLA)
EPS Growth Over the Past Five Years: 16.23%
EPS Growth Over the Next Five Years: 20.54%
Forward Price to Earnings Ratio: 22.79
Number of Hedge Fund Holders: 61
LPL Financial Holdings Inc. (NASDAQ:LPLA) is one of the best growth stocks to buy and hold forever. On September 22, the company announced the extension of its strategic partnership with Prudential Financial Inc.
The two joined forces to bring to market insurance overlay retirement lifetime income strategy for LPL Financials managed accounts platform. The solution is designed to reach financial advisors who don’t rely on protected lifetime income and other insurance-led retirement solutions in wealth management.
The solution is designed to offer multiple prudential individual insurance-based retirement products for consideration by the LPL network of 29,000 financial advisors.
“Retirement strategies are at the heart of our mission, and we’re making them a central focus of our ongoing innovation. By investing deeply in retirement solutions like the Insurance Overlay, LPL is dedicated to helping advisors deliver lasting income security to clients — today and for years to come,” said Cheri Belski, executive vice president and head of LPL Investment Management Solutions.
LPL Financial Holdings Inc. (NASDAQ:LPLA) is the nation’s largest independent broker-dealer, providing financial advisors and their clients with integrated technology, brokerage services, investment advisory services, wealth management, and financial planning. They offer a comprehensive platform of non-proprietary products, compliance support, practice management tools, and customized clearing solutions.
7. ASML Holding N.V. (NASDAQ:ASML)
EPS Growth Over the Past Five Years: 24.74%
EPS Growth Over the Next Five Years: 20.82%
Forward Price to Earnings Ratio: 32.27
Number of Hedge Fund Holders: 78
ASML Holding N.V. (NASDAQ:ASML) is one of the best growth stocks to buy and hold for the long term. On September 22, Erste Group upgraded ASML Inc. from Hold to Buy, citing its dominant position in advanced lithography systems. The firm emphasized ASML’s recent investment in French AI startup Mistral as a strategic step toward diversifying its revenue and boosting profitability in the semiconductor sector.
Erste Group also pointed to NVIDIA’s stake in Intel as a catalyst for ASML’s growth, suggesting that Intel’s strengthened core business could lead to increased demand for ASML’s equipment. With these developments, Erste anticipates a rise in future orders, positioning ASML for stronger performance in the evolving chipmaking landscape.
ASML Holding N.V. (NASDAQ:ASML) designs and manufactures advanced semiconductor manufacturing systems, primarily lithography machines, which chipmakers use to print integrated circuits on silicon wafers. These systems are essential for producing the microchips that power most modern electronic devices.
6. Amphenol Corporation (NYSE:APH)
EPS Growth Over the Past Five Years: 15.39%
EPS Growth Over the Next Five Years: 27.37%
Forward Price to Earnings Ratio: 35.72
Number of Hedge Fund Holders: 81
Amphenol Corporation (NYSE:APH) is one of the best growth stocks to buy and hold forever. On September 3, at Citi’s 2025 Global Technology, Media, and Telecommunications Conference, the company reiterated its robust organic growth and the impact of strategic acquisitions.
The company achieved 133% year-over-year growth in its IT datacom sector, with an operating margin of 25.6%, amid expectations for further expansion. Organic growth in the quarter reached 41% driven by strong performance in the IT datacom segment.
In addition, the company plans to leverage its recent acquisitions, CCS and Trexon, to enhance capabilities in its fiber optics and defense sectors. Chief Financial Officer Craig Lampo expects the two businesses to strengthen the company’s profitability.
“So over time both of those businesses I would expect to be able to improve profitability and closer to the company average profitability actually because these are two great businesses, great technology. There’s no reason why they should be below the company average profitability,” Lampo.
Amphenol Corporation (NYSE:APH) designs, manufactures, and markets electrical, electronic, and fiber optic connectors, interconnect systems, antennas, sensors, and cable assemblies. Its high-technology products serve a diverse range of industries, including automotive, commercial aerospace and defense.
5. AppLovin Corp (NASDAQ:APP)
EPS Growth Over the Past Five Years: 84.28%
EPS Growth Over the Next Five Years: 56.02%
Forward Price to Earnings Ratio: 46.11
Number of Hedge Fund Holders: 109
AppLovin Corp (NASDAQ:APP) is one of the best growth stocks to buy and hold forever. On September 23, analysts at Oppenheimer raised the stock’s price target by $240 to $740, while reiterating an ‘Outperform’ rating.
The significant price target hike underscores the research firm’s confidence in the company’s non-gaming advertising and long-term growth drivers. AppLovin raised its non-gaming revenue forecast to $312 million, up from $250 million. Oppenheimer has also raised the company’s revenue estimates to $8.6 billion, as it also expects $7.2 billion in adjusted EBITDA, implying a margin of 83%.
The research firm expects AppLovin Corp to benefit from an increase in near-term spending by brands, especially during the holiday season. It also expects the company to capitalize on new client sign-ups through agencies and e-commerce platforms.
Applovin Corp (NASDAQ:APP) provides marketing software and a platform for businesses to grow, monetize, and market their mobile apps. Its solutions include AI-powered advertising tools, such as AppDiscovery, to match ads with audiences, and monetization platforms like MAX to optimize in-app advertising revenue.
4. Eli Lilly and Company (NYSE:LLY)
EPS Growth Over the Past Five Years: 18.77%
EPS Growth Over the Next Five Years: 41.43%
Forward Price to Earnings Ratio: 24.58
Number of Hedge Fund Holders: 119
Eli Lilly and Company (NYSE:LLY) is one of the best long-term growth stocks to buy and hold forever. On September 23, the company announced plans to invest $6.5 billion in the construction of a manufacturing facility in Texas.
The construction is part of the company’s push to boost pipeline production of the so-called small molecule drugs, including its experimental obesity pill. The $6.5 billion investment comes on the heels of the company’s plans to spend at least $27 billion to build four new domestic manufacturing plants, announced early in the year.
Eli Lilly is ramping up manufacturing capacity in the race to bring its obesity pill, orforglipron, to market. The company is also striving to strengthen its dominance in the rapidly growing GLP-1 market.
“Our new Houston site will enhance Lilly’s ability to manufacture orforglipron at scale and, if approved, help fulfill the medicine’s potential as an obesity and type 2 diabetes treatment for tens of millions of people worldwide who prefer the ease of a pill that can be taken without food and water restrictions,” Eli Lilly CEO David Ricks said.
Eli Lilly and Company (NYSE:LLY) is a global pharmaceutical corporation focused on discovering, developing, manufacturing, and selling medicines to address unmet medical needs in areas such as diabetes, cancer, immunology, neuroscience, and obesity. The company invests in groundbreaking research, state-of-the-art manufacturing facilities, and community initiatives to expand access to its treatments and improve public health.
3. Netflix, Inc. (NASDAQ:NFLX)
EPS Growth Over the Past Five Years: 36.85%
EPS Growth Over the Next Five Years: 25.66%
Forward Price to Earnings Ratio: 37.24
Number of Hedge Fund Holders: 133
Netflix, Inc. (NASDAQ:NFLX) is one of the best long-term growth stocks to buy and hold forever. On September 22, the company entered into a co-marketing deal with Anheuser-Busch InBev. The deal paves the way for the promotion of the streaming giant’s most-watched titles and the brewer’s beers.
Netflix is to promote Anheuser-Busch beers on its popular shows, including UK drama “The Gentlemen” and South Korea’s “Culinary Class Wars.” Additionally, Anheuser-Busch plans to advertise on live Netflix shows, such as the NFL’s Christmas Day broadcast. It will also collaborate on live events, such as the 2027 Women’s World Cup soccer tournament.
The agreement highlights Netflix’s expanding advertising business, which now reaches over 94 million people. The ad tier segment is seen as a key growth driver for the streaming giant, two years after its launch.
Netflix, Inc. (NASDAQ:NFLX) is a global streaming service that allows subscribers to watch a wide variety of TV shows, movies, anime, documentaries, and more over the internet on internet-connected devices, for a fixed monthly fee. It employs a subscription-based business model with various tiers. It produces its own original content to attract and retain viewers, which it then distributes to its over 500 million global members.
2. Broadcom Inc. (NASDAQ:AVGO)
EPS Growth Over the Past Five Years: 13.91%
EPS Growth over the Next Five Years: 33.98%
Forward Price to Earnings Ratio: 36.57
Number of Hedge Fund Holders: 156
Broadcom Inc. (NASDAQ:AVGO) is one of the best growth stocks to buy and hold forever. On September 22, Fitch Ratings upgraded the company to BBB+ from BBB, while maintaining a positive outlook. The upgrade underscores the ratings firm’s confidence in the company’s focus on AI semiconductors, which it expects to strengthen its financial profile.
In addition, the ratings firm remains confident about the company’s growing free cash flow and integration of VMware. The rating firm expects the positive momentum on AI and VMware integration to trigger an annual free cash flow of between $15 billion and $20 billion.
According to the rating firm, the tailwinds support the company’s capacity for deal-making while affirming strong investment rating levels. Broadcom’s revenue profile has improved significantly due to robust demand for its accelerators and network solutions.
Broadcom Inc. (NASDAQ:AVGO) is a global technology leader that designs, develops, and provides semiconductor and infrastructure software solutions for data centers, networking, broadband, wireless, and cybersecurity markets. Its offerings power critical markets and include products such as data center switches, wireless chips, mainframe security software, and enterprise security solutions.
1. NVIDIA Corporation (NASDAQ:NVDA)
EPS Growth Over the Past Five Years: 91.83%
EPS Growth over the Next Five Years: 34.94%
Forward Price to Earnings Ratio: 27.68
Number of Hedge Fund Holders: 235
NVIDIA Corporation (NASDAQ:NVDA) is one of the best growth stocks to buy and hold forever. On September 22, the company confirmed plans to invest up to $100 billion in OpenAI. In addition, the company is to supply the AI startup with data center chips as the two companies look to capitalize on the AI boom.
The $100 billion investment will give Nvidia a financial stake in the prominent AI company, which is already one of its biggest and most important customers. The investment will also provide the Microsoft-backed startup with the cash and access it needs to purchase advanced chips, which are necessary to strengthen its prospects in the burgeoning segment.
Nvidia is to start investing in OpenAI for non-voting shares once the deal closes. The two companies have also signed a letter of intent for the deployment of 10 gigawatts of Nvidia systems.
“Everything starts with compute,” OpenAI CEO Sam Altman said in a statement. “Compute infrastructure will be the basis for the economy of the future, and we will utilize what we’re building with Nvidia to both create new AI breakthroughs and empower people and businesses with them at scale.”
NVIDIA Corporation (NASDAQ:NVDA) is a semiconductor giant that develops graphics processing units used in data centers, computers, and gaming consoles. It also creates high-performance hardware and software platforms, like its CUDA software ecosystem, to power Artificial Intelligence (AI), graphics, and other complex computational tasks.
While we acknowledge the potential of NVDA 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 NVDA and that has 100x upside potential, check out our report about this cheapest AI stock.
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