11 Best Young Stocks to Buy and Hold For 3 Years

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1. Amer Sports Inc. (NYSE:AS)

EPS Forward Long Term Growth (3-5 Year CAGR): 44.04%

Number of Hedge Fund Holders: 63

Amer Sports Inc. (NYSE:AS) is one of the best young stocks to buy and hold for 3 years. On January 8, Deutsche Bank resumed coverage of Amer Sports with a Buy rating and $49 price target. After a strong year for retail, Deutsche Bank resumed coverage of beauty and off-price sectors with a bullish stance. The firm forecasts solid top-line performance through H1 2026, citing a risk-on macro backdrop, better weather conditions compared to last year, and a boost from tax season.

On the same day, UBS increased its price target for Amer Sports to $58 from $54, while maintaining a Buy rating. The firm highlighted that the 2026 earnings potential for Softline stocks is likely to be supported by a surprisingly resilient US consumer and an emerging Health & Wellness 2.0 trend. UBS estimated that earnings for 16 companies in this category will exceed current market expectations by at least 4% and this growth momentum will continue into 2027, with EPS forecasts expected to average 5% above the broader market consensus.

In other news, on December 16, Wells Fargo also increased the price target for Amer Sports Inc. (NYSE:AS) to $45 from $40, while maintaining an Overweight rating. The firm noted that while the market continues to be divided between clear winners and losers, it has grown more optimistic about the retail space heading into 2026.

Amer Sports Inc. (NYSE:AS) designs, manufactures, markets, distributes, and sells sports equipment, apparel, footwear, and accessories. It operates through three segments: Technical Apparel, Outdoor Performance, and Ball & Racquet Sports.

While we acknowledge the potential of AS 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 AS and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.

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