12 Best Growth Stocks to Buy and Hold For 3 Years

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10. Monday.com Ltd. (NASDAQ:MNDY)

3-Year Revenue CAGR: 42.61%

Number of Hedge Fund Holders: 64

Monday.com Ltd. (NASDAQ:MNDY) is one of the best growth stocks to buy and hold for 3 years. Earlier on June 17, Morgan Stanley initiated coverage of Monday.com while assigning an Equal Weight rating and setting a price target of $330. The firm acknowledged the inherent risks associated with Monday.com’s move towards larger enterprise markets, expanding its multi-product offerings, and shifting to a sales-led growth model.

Monday.com’s net income improved to $58.4 million in Q1 2025, which was up from $31.7 million year-over-year. Additionally, the total employee headcount increased to 2,695, which showed an addition of 187 employees from the previous quarter.

Notably, the adoption of AI features saw growth at the company, which is evident from users performing over 26 million AI actions, which is also an increase of over 150% since the end of 2024. However, the full-year 2025 guidance reflects a conservative approach given potential macroeconomic challenges.

Monday.com Ltd. (NASDAQ:MNDY) develops software applications internationally. It provides Work Operating System (Work OS), which is a cloud-based visual work OS that consists of modular building blocks used and assembled to create software applications and work management tools.

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