In this article, we will look at the 12 Best NYSE Stocks to Buy for Long-Term Investment.
On June 5, Ed Yardeni, Yardeni Research president, appeared on CNBC’s ‘Power Lunch’ to talk about the equity market selloff, analogs to past market rallies, and much more.
He was of the view that there are a lot of moving parts in the market story, including considerable trepidation about where AI is going and how much we are spending on it. However, he believes that the problem is that we are back to the old economy issue about what the Fed is going to do, and that is what’s hitting the market.
READ ALSO: 10 Best Cheap Stocks to Buy for Beginners AND Top 10 Cheap Stocks With Strong Buy Ratings on Wall Street.
He himself wrote “June swoon” a few days ago, thinking that with the Fed likely to raise interest rates in July, which is still a contrary view, it would lead to some sort of pullback in the market. Yardeni thinks that this is a healthy development, and he would not have wanted to see the market just going straight up. He further said that everybody thought this market going up was FOMO, but that would have really been more of a valuation multiple going up. He calls it a FEMO, which is a fabulous earnings momentum.
With these broader market trends in view, let’s narrow down and look at the best NYSE stocks to buy for long-term investment.
Our Methodology
We used the Finviz stock screener to identify the best long-term NYSE stocks with a 5-year sales growth of over 30%. We then selected the top 12 stocks most popular among hedge funds as of Q1 2026, using the hedge fund sentiment data from Insider Monkey’s database. The stocks are arranged in ascending order of hedge fund sentiment.
Note: All data was recorded on June 6.
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 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).
12 Best NYSE Stocks to Buy for Long-Term Investment
12. ONEOK, Inc. (NYSE:OKE)
Number of Hedge Fund Holders: 50
ONEOK, Inc. (NYSE:OKE) is one of the best NYSE stocks to buy for long-term investment. BofA lifted the price target on ONEOK, Inc. (NYSE:OKE) to $96 from $94 on May 27 and maintained a Buy rating on the shares. It told investors in a fiscal Q1 earnings recap for the group that results from the midstream group came in “broadly better than anticipated”, with several names posting beats and raising guidance midpoints.
ONEOK, Inc. (NYSE:OKE) also received a rating update from Truist on May 4, with the firm raising the price target on the stock to $93 from $91 and reiterating a Hold rating on the shares. The rating update came as part of a broader research note on midstream energy names following Q1 results, with the firm telling investors in a research note that the quarter was characterized by spread optimization, driving upside financials and guidance raises. However, it added that upside on a go-forward basis remains less clear given hedges in place, commodity price volatility, and an expected narrowing of Waha/Katy/HSC spreads on the heels of 4.6Bcf/d of Permian egress expected to enter service.
ONEOK, Inc. (NYSE:OKE) gathers, fractionates, processes, transports, stores, and markets natural gas. The company’s operations are divided into the following segments: Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines.
11. Royal Caribbean Cruises Ltd. (NYSE:RCL)
Number of Hedge Fund Holders: 53
Royal Caribbean Cruises Ltd. (NYSE:RCL) is one of the best NYSE stocks to buy for long-term investment. Freedom Broker initiated coverage of Royal Caribbean Cruises Ltd. (NYSE:RCL) with a Buy rating on June 3 and set a price target of $320. The firm told investors that the cruise industry setup is “rare,” with record demand, a valuation gap, and disciplined supply. It added that although net yield ran well above pre-pandemic levels in 2025 across the group, the industry trades at a discount to lodging peers. Freedom Broker sees this as reflecting geopolitical risk, oil, and elevated leverage, but despite that, it does not view these risks as “thesis-breaking in our base case”.
Royal Caribbean Cruises Ltd. (NYSE:RCL) also received a rating update from Morgan Stanley on May 26. The firm cut the price target on the stock to $280 from $310 and maintained an Equal Weight rating on the shares, telling investors in a research note that the Mexican government’s decision to reject Royal’s Perfect Day project led to a 10% earnings estimate cut.
Royal Caribbean Cruises Ltd. (NYSE:RCL) is a cruise company that owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. The company also holds an interest in TUI Cruises GmbH, which operates the German brands TUI Cruises and Hapag-Lloyd Cruises.
10. Viking Holdings Ltd (NYSE:VIK)
Number of Hedge Fund Holders: 55
Viking Holdings Ltd (NYSE:VIK) is one of the best NYSE stocks to buy for long-term investment. Bernstein initiated coverage of Viking Holdings Ltd (NYSE:VIK) with an Outperform rating on June 3 and set a price target of $120. The firm told investors in a research note that it has a “structurally bullish view” on the cruise industry and sees a broadening demand base outpacing constrained supply, with product innovation adding pricing power. Bernstein moved Viking Holdings Ltd (NYSE:VIK) to its top pick in the sector, stating that it has a “unique, attractive luxury position” and offers 24% annual earnings growth. The firm also stated that the company is the only luxury travel pure-play.
Viking Holdings Ltd (NYSE:VIK) also received a rating update from Loop Capital on June 1. The firm upgraded the stock to Buy from Hold and set a $108 price target, telling investors in a research note that it views the short- and long-term outlook for the cruise industry favorably.
Viking Holdings Ltd (NYSE:VIK) offers destination-focused itineraries, providing travel experiences through ocean ships, river vessels, expedition ships, and time chartered river ships.
9. Ares Management Corp (NYSE:ARES)
Number of Hedge Fund Holders: 56
Ares Management Corp (NYSE:ARES) is one of the best NYSE stocks to buy for long-term investment. Goldman Sachs removed Ares Management Corp (NYSE:ARES) from the firm’s US Conviction List as part of its monthly update on June 1. In another development, Oppenheimer cut the price target on the stock to $146 from $147 on May 4 and maintained an Outperform rating on the shares. The firm stated that Ares Management Corp (NYSE:ARES) reported after-tax realized net income per share of $1.24 versus its $1.37 estimate and the consensus’ $1.33. However, it stated that Oppenheimer really cares more about performance and fundraising metrics than the current quarter’s earnings because those will drive future earnings, as is generally the case with Alt earnings.
The firm also believes that the earnings “miss” for the quarter came from a $22M miss on the inherently lumpy fee-related performance fees and a $21 million miss on base management fees, which was partially offset by $28 million less compensation. It further stated that fiscal Q1 results are often somewhat lumpy and the year’s low point for Ares Management Corp (NYSE:ARES).
Ares Management Corp (NYSE:ARES) provides investment and consultancy services. The company’s operations are divided into the following segments: Credit Group, Private Equity Group, Real Assets Group, Secondaries Group, and Other.
8. Snowflake Inc. (NYSE:SNOW)
Number of Hedge Fund Holders: 80
Snowflake Inc. (NYSE:SNOW) is one of the best NYSE stocks to buy for long-term investment. Barclays lifted the price target on Snowflake Inc. (NYSE:SNOW) to $285 from $272 on June 4 and maintained an Equal Weight rating on the shares. It told investors in a research note that the firm left the company’s investor day more positive on the shares, adding that “faster product velocity is clear and Cortex Code seems to be driving a multi-pronged, positive effect on usage that is still early”. The firm also believes that Snowflake Inc.’s (NYSE:SNOW) financial updates were limited to significantly earlier than expected GAAP profitability.
In another development, Truist lifted the price target on Snowflake Inc. (NYSE:SNOW) to $300 from $275 the same day and maintained a Buy rating on the shares. The firm told investors in a research note that, after discussions at the Snowflake Summit 2026, customer and partner feedback show that the company’s CoCo tools are accelerating workload creation, platform expansion, and migrations.
Snowflake Inc. (NYSE:SNOW) provides cloud data warehousing software and offers Data Cloud, an ecosystem that allows customers, data providers, partners, and data consumers to break down data silos and derive value from data. The company’s platform supports a range of use cases, including data lakes, data warehousing, data engineering, data application development, data science, and data sharing.
7. Apollo Global Management, Inc. (NYSE:APO)
Number of Hedge Fund Holders: 81
Apollo Global Management, Inc. (NYSE:APO) is one of the best NYSE stocks to buy for long-term investment. Reuters reported on June 5 that Apollo Global Management, Inc. (NYSE:APO) and Britain’s Bodycote announced on Friday that they have ended talks over a £1.52 billion ($2 billion) takeover proposal, which resulted in shares of the British thermal processing services group going down as much as 12%.
In a separate development, Apollo Global Management, Inc. (NYSE:APO) received a rating update from Piper Sandler on May 26, with the firm lifting the price target on the stock to $157 from $146 and reiterating an Overweight rating on the shares. The rating update came after the company reported its fiscal Q1 results, where it beat expectations and reaffirmed 2026 guidance of 10% spread related earnings growth and 20% fee related earnings growth. Piper stated that the higher multiple is driven by peer multiple expansion, and the firm believes that Apollo Global Management, Inc. (NYSE:APO) is one of the best-positioned alternatives in the space.
Apollo Global Management, Inc. (NYSE:APO) provides asset management services. The company’s operations are divided into the following segments: Asset Management, Retirement Services, and Principal Investing.
6. KKR & Co. Inc. (NYSE:KKR)
Number of Hedge Fund Holders: 82
KKR & Co. Inc. (NYSE:KKR) is one of the best NYSE stocks to buy for long-term investment. KKR & Co. Inc. (NYSE:KKR) received several rating updates from analysts following the release of its fiscal Q1 results. Oppenheimer lifted the price target on KKR & Co. Inc. (NYSE:KKR) to $143 from $140 on May 7 and maintained an Outperform rating on the shares. The firm stated that the company reported solid fiscal Q1 results. However, it added that although the results were strong, they were helped by some lumpy items, including an estimated $70M of catch-up fees and better-than-expected carry and realized investment income. Oppenheimer stressed that all these items are real earnings and will recur in the future, but one should not annualize them into the forward outlook.
The same day, RBC Capital cut the price target on the stock to $128 from $132 and maintained an Outperform rating on the shares, telling investors in a research note that the stock’s attractive valuation allows investors to invest in one of the leading and most diversified alternative asset management franchises.
KKR & Co. Inc. (NYSE:KKR) is an investment firm that offers alternative asset management along with capital markets and insurance solutions. The firm’s business segments include Asset Management and Insurance Business.
While we acknowledge the potential of KKR 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 KKR and that has 100x upside potential, check out our report about the cheapest AI stock.
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