In this article, we will look at the 12 Best Stocks That Will Always Grow.
Matt Boss, JPMorgan managing director, appeared on CNBC’s ‘Closing Bell’ on March 6 to talk about the effect of the moves in gasoline prices on retailers, the conflict in Iran, and more. He stated that the metric is a 30% increase in gas, which is basically what we have seen in oil so far, and that is around a $9 billion headwind to consumer spending. That said, another “really interesting” metric, according to him, is that tax refunds in February were up 10%, which is roughly a $9-$10 billion tailwind. If this were to continue in March and April, those two basically wash each other out; that’s the additional tax stimulus.
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However, that is actually only roughly a third of the One Beautiful Bill in terms of the potential impact. At this point, a 30% increase in gas, if it were to follow the roughly 30%-35% increase in oil, is basically a wash from the tax refunds alone, but you would still have a net benefit from the bill. According to Boss, volatility in markets may cause trouble for high-income consumer spending.
With these broader market trends in view, let’s look at the best stocks that will always grow.
Our Methodology
We sifted through stock screeners and financial media reports to compile a list of the best recession-resistant stocks with near monopolies and slow but consistent topline growth. We then selected the top 12 most popular among elite hedge funds as of Q3 2025, sourcing the hedge fund data from Insider Monkey’s database. We limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment.
Note: All data was recorded on March 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. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
12 Best Stocks That Will Always Grow
12. The TJX Companies, Inc. (NYSE:TJX)
The TJX Companies, Inc. (NYSE:TJX) is one of the best stocks that will always grow. BofA lifted the price target on The TJX Companies, Inc. (NYSE:TJX) to $175 from $168 on February 26, reiterating a Buy rating on the shares. The firm stated that the company beat on margins and sales, provided initial FY27 guidance, and talked about a strong start to Q1. BofA added that it expects continued share gains from existing customers and trade-down.
The same day, BTIG also raised the price target on The TJX Companies, Inc. (NYSE:TJX) to $185 from $165, maintaining a Buy rating on the shares following its Q4 earnings beat.
The TJX Companies, Inc. (NYSE:TJX) reported fiscal Q4 and full year 2026 earnings on February 25, with net sales for the quarter reaching $17.7 billion, up 9% compared to the prior year period. Consolidated comparable sales for fiscal Q4 2026 also rose 5%, while net income was $1.8 billion. Management further reported that the diluted earnings per share were $1.58, up 28% versus $1.23 in the fiscal Q4 2025. Net sales for the fiscal year ended January 31, 2026, reached $60.4 billion, up 7% versus last year, while consolidated comparable sales rose 5%.
Founded in 1976 and headquartered in Framingham, Massachusetts, The TJX Companies, Inc. (NYSE:TJX) is a global off-price retailer offering apparel and home fashions at discounted prices through banners including T.J. Maxx, Marshalls, HomeGoods, Sierra, and TK Maxx.
11. The Procter & Gamble Company (NYSE:PG)
The Procter & Gamble Company (NYSE: PG) is one of the best stocks that will always grow. Wells Fargo lifted the price target on The Procter & Gamble Company (NYSE:PG) to $177 from $165 on February 17, reiterating an Overweight rating on the shares and stating that this is the best start for Staples vs the S&P 500 ever. The firm thus refreshed price targets for sector moves.
In its fiscal Q2 2026 results, The Procter & Gamble Company (NYSE:PG) reported net sales of $22.2 billion for the quarter, reflecting a 1% growth compared to the prior year. Organic sales remained unchanged compared to the prior year, excluding the effects of foreign exchange, acquisitions, and divestitures.
Management further reported that diluted net earnings per share were $1.78, a decrease of 5% versus the prior year, attributed primarily to incremental restructuring charges in the current year. Core earnings per share were in-line versus prior year at $1.88. The Procter & Gamble Company (NYSE:PG) returned $4.8 billion of cash to shareholders via $2.5 billion of dividend payments and $2.3 billion of share repurchases.
The Procter & Gamble Company (NYSE:PG) provides branded consumer packaged goods to consumers across the globe. Its operations are divided into Fabric & Home Care, Grooming, Beauty, Health Care, Feminine & Family Care, and Baby. The company boasts a strong portfolio of brands, which includes reputable names such as Head & Shoulders, Pantene, Old Spice, Olay, Herbal Essences, Safeguard, Tide, Always, Venus, Oral-B, Ariel, Crest, Tampax, and others.
10. McDonald’s Corporation (NYSE:MCD)
McDonald’s Corporation (NYSE:MCD) is one of the best stocks that will always grow. Tigress Financial lifted the price target on McDonald’s Corporation (NYSE:MCD) to $385 from $360 on March 6. The firm reiterated a Buy rating on the shares and cited the company’s “powerful global brand”, AI-driven efficiencies, rapid unit expansion, and asset-light franchise model, adding that its raised 12-month target, combined with dividends, exhibits a potential total return of 20% from current levels.
McDonald’s Corporation (NYSE:MCD) also received a rating update from KeyBanc on March 3. The firm lifted the price target on the stock to $354 from $340 and maintained an Overweight rating on the shares, stating that it is not updating its earnings estimates at this time. However, based on its recent industry conversations and proprietary card data, KeyBanc exhibited confidence in the current momentum of the U.S. business.
In its fiscal Q4 and full year 2025 results, McDonald’s Corporation (NYSE:MCD) reported a 5.7% growth in global comparable sales in the quarter, with positive global comparable guest counts and strong comparable sales growth across all segments. Global Systemwide sales for the full year rose 7% to over $139 billion, or growth of $9 billion.
McDonald’s Corporation (NYSE:MCD) is a food service retailer that operates and franchises restaurants. The company’s operations are divided into the following segments: United States, International Operated Markets, and International Developmental Licensed Markets & Corporate.
9. Johnson & Johnson (NYSE:JNJ)
Johnson & Johnson (NYSE:JNJ) is one of the best stocks that will always grow. Johnson & Johnson (NYSE:JNJ) announced on March 5 that the U.S. Food and Drug Administration (FDA) granted approval for TECVAYLI® plus DARZALEX FASPRO® for the treatment of adults with relapsed or refractory multiple myeloma who have received at least one prior line of therapy, including a proteasome inhibitor and an immunomodulatory agent.
Management reported that the approval offers a potential new standard of care as early as the second line, bringing a novel treatment approach for the 40% of patients with multiple myeloma who experience disease relapse. TECVAYLI® and DARZALEX FASPRO® work synergistically to prime and activate the immune system for the eradication of myeloma cells that express the BCMA protein.
In a separate development, JPMorgan lifted the price target on Johnson & Johnson (NYSE:JNJ) to $250 from $225 on March 5, maintaining a Neutral rating on the shares and citing its raised Tremfya estimates for the target boost. It told investors in a research note that the recent ramp of Tremfya in inflammatory bowel disease has driven outperformance for the product.
Johnson & Johnson (NYSE:JNJ) develops, manufactures, and sells products in the healthcare field. The company operates through two segments: Innovative Medicine and MedTech. The MedTech segment includes an elaborate range of medical devices and products used in cardiovascular intervention, orthopedics, interventional solutions, surgery, and vision fields.
8. Union Pacific Corporation (NYSE:UNP)
Union Pacific Corporation (NYSE:UNP) is one of the best stocks that will always grow. On March 4, BofA adjusted the price target on Union Pacific Corporation (NYSE:UNP) to $297 from $266, reiterating a Buy rating on the shares and telling investors that it is updating price targets on the Transportation – Railroads stocks under its coverage. It added that operating performance remains strong, and BofA sees several indicators pointing towards a potential inflection in the industrial economy.
Union Pacific Corporation (NYSE:UNP) also received a rating update from Jefferies on March 2. The firm lifted the price target on the stock to $300 from $285 and maintained a Buy rating on the shares. It stated that in a backdrop marked with investors increasingly focused on business models vulnerable to AI-driven disruption, the firm views transportation physical networks as “core HALO exposures”, (or Heavy Assets with Low Obsolescence), where value is derived “not just from software or labor inputs, but from long-lived infrastructure that is capital intensive, regulated, and effectively impossible to rebuild from scratch”. Jefferies lifted price targets across its physical asset transportation stocks in this backdrop.
Union Pacific Corporation (NYSE:UNP) provides railroad and freight transportation services, delivering goods used by businesses and families daily through a reliable and efficient service.
7. Costco Wholesale Corporation (NASDAQ:COST)
Costco Wholesale Corporation (NASDAQ:COST) is one of the best stocks that will always grow. On March 6, Truist lifted the price target on Costco Wholesale Corporation (NASDAQ:COST) to $977 from $926, reiterating a Hold rating on the shares and telling investors that while the company posted another solid quarter, its membership growth remains a headwind. The firm further stated in a research note that the stock’s valuation does not leave a lot of room for error, and investors want to see member growth inflect for the stock’s multiple to re-expand.
The same day, BMO Capital also lifted the price target on Costco Wholesale Corporation (NASDAQ:COST) to $1,315 from $1,175 while maintaining an Outperform rating on the shares. The rating update came after the company’s earnings release, with the firm telling investors that the stock should remain a core holding.
Costco Wholesale Corporation (NASDAQ:COST) announced fiscal Q2 and year-to-date operating results for fiscal 2026 on March 5, reporting that net sales for the quarter rose 9.1% to $68.24 billion from $62.53 billion last year. Net sales for the first 24 weeks experienced an 8.7% growth, reaching $134.22 billion compared to $123.52 billion last year.
Costco Wholesale Corporation (NASDAQ:COST) operates membership-only big box warehouse club stores and is one of the most popular department stores in the US. It offers its customers elaborate offerings, including food, beverages, groceries, and more.
6. Intuitive Surgical, Inc. (NASDAQ:ISRG)
Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the best stocks that will always grow. Intuitive Surgical, Inc. (NASDAQ:ISRG) announced on March 2 the completion of its acquisition of the da Vinci and Ion distribution business operated by ab medica, Abex, Excelencia Robótica, and their affiliates. The company now wholly owns the da Vinci and Ion business of ab medica, Abex, and Excelencia Robótica, with business operations integrated into Intuitive Surgical, Inc.’s (NASDAQ:ISRG) European commercial and marketing organization. Management stated that the completion marks the formal expansion of the company’s direct operations in Europe.
Intuitive Surgical, Inc. (NASDAQ:ISRG) further reported that the combined installed base of da Vinci surgical systems in Italy, Spain, and Portugal as of December 31, 2025, exceeds 470, with the Ion endoluminal system recently launched in Italy and Spain.
Intuitive Surgical, Inc. (NASDAQ:ISRG) previously reported that the da Vinci 5 system was cleared by the U.S. Food and Drug Administration (FDA) has cleared the da Vinci 5 system for certain cardiac procedures, including mitral valve repair and IMA (internal mammary artery) mobilization for cardiac revascularization, on January 26.
Intuitive Surgical, Inc. (NASDAQ:ISRG) has an elaborate ecosystem of services and products that provide robotic-assisted surgical solutions and invasive care. Its products include the Ion Endoluminal and the Da Vinci Surgical systems.
5. Thermo Fisher Scientific Inc. (NYSE:TMO)
Thermo Fisher Scientific Inc. (NYSE:TMO) is one of the best stocks that will always grow. Thermo Fisher Scientific Inc. (NYSE:TMO) announced on March 5 the opening of its Cryo-Electron Microscopy (cryo-EM) Drug Discovery Center in South San Francisco, offering biotechnology and pharmaceutical innovators with immersive, hands-on access to advanced cryo-EM technologies specialized to expedite structural insights and the development of life-saving therapies.
Management further reported that the new center offers direct access to advanced cryo-EM innovation and scientific expertise, allowing a considerable reduction in the barriers to adoption. It added that cryo-EM can be used to expand the range of therapeutic targets and advanced therapies for structure-based methods, while also enabling pharmaceutical companies to get drugs to clinics faster. According to Thermo Fisher Scientific Inc. (NYSE:TMO), structure-guided drugs have over twice the rate of clinical success in half the preclinical time and at half the cost, compared with industry standards.
Glyn Davies, president of Materials & Structural Analysis, stated that the opening of the Cryo-EM Drug Discovery Center creates a collaborative environment that allows scientists to employ the power of Cryo-EM to better understand disease at the molecular level and accelerate therapeutic development.
Thermo Fisher Scientific Inc. (NYSE:TMO) provides analytical instruments, reagents, equipment, software, and other services for analysis, research, diagnostics, and discovery. It operates through the Analytical Instruments, Life Sciences Solutions, Laboratory Products and Services, and Specialty Diagnostics segments.
4. Walmart Inc. (NYSE:WMT)
Walmart Inc. (NYSE:WMT) is one of the best stocks that will always grow. The Information reported on March 4 that OpenAI is scaling back its plan aimed at introducing direct shopping inside ChatGPT. Following this release, BofA said on March 6 that it views the OpenAI news as a net positive for Walmart Inc. (NYSE:WMT), stating that the change has the potential to bring about an integrated commerce solution resembling the company’s previously announced partnership with Google’s Gemini in January. The firm reiterated a Buy rating on Walmart Inc. (NYSE:WMT) with a $150 price target on the shares, adding that once the company’s own platform “Sparky” is integrated within the platform, it should have an advantage showing up in searches, given its elaborate product assortment and low pricing.
Previously, BofA reinstated coverage of Walmart Inc. (NYSE:WMT) on February 27 with a Buy rating and a $150 price target, stating that the company is continuing to gain share with upper-income consumers through faster delivery offerings. It added that Walmart Inc. (NYSE:WMT) is also serving lower-income consumers with everyday low pricing, and thus BofA believes that an acceleration in profit growth and continuation of consistent sales growth should result in further positive EPS revisions, allowing the multiple to “grind higher.”
Walmart Inc. (NYSE:WMT) is an omnichannel retailer operating retail and wholesale stores, clubs, e-commerce websites, and mobile applications. It offers an elaborate array of items, from general merchandise and electronics to food, groceries, and more.
3. Eli Lilly and Company (NYSE:LLY)
Eli Lilly and Company (NYSE:LLY) is one of the best stocks that will always grow. Eli Lilly and Company (NYSE:LLY) announced on March 5 the launch of its Employer Connect platform, introducing new options to help in closing the access gap in U.S. obesity care. The platform expands choice, allowing coordination between employers and independent program administrators for the development of flexible and transparent solutions that support employee access to obesity management medicines.
Ilya Yuffa, executive vice president and president, Lilly USA and Global Customer Capabilities, stated that in today’s world, starting or staying on treatment for a number of people living with obesity is not just a medical decision, but rather an “access decision driven by coverage and cost”. To deal with such challenges, Eli Lilly and Company (NYSE:LLY) is building “an employer program that connects employers to a range of independent program administrators and cost-sharing solutions” to ease access to prescribed treatment at reduced out-of-pocket costs for their employees. These programs range from those focused on benefits administration to those offering holistic obesity management.
Eli Lilly and Company (NYSE:LLY) develops, manufactures, discovers, and sells pharmaceutical products. These products span oncology, diabetes, immunology, neuroscience, and other therapies.
2. Mastercard Incorporated (NYSE:MA)
Mastercard Incorporated (NYSE:MA) is one of the best stocks that will always grow. BofA reinstated coverage of Mastercard Incorporated (NYSE:MA) with a Buy rating on March 5, setting a price target of $700.
In a separate development, Mastercard Incorporated (NYSE:MA) announced on March 4 the completion of a pilot delivering its first authenticated agentic transactions in Malaysia. This marks a notable step for trusted AI‑powered commerce, with management stating that the pilot was conducted with CIMB Group Holdings Berhad, Malayan Banking Berhad, and RHB Banking Group using Mastercard Agent Pay. It was initiated by AI agents in a controlled pilot environment, ensuring transparency, security, and full consumer control.
Mastercard Incorporated (NYSE:MA) further stated that the pilot exhibited the ways AI can support consumers in the completion of everyday tasks seamlessly and securely, such as transportation. An AI agent booked a ride from Kuala Lumpur International Airport to KL Sentral through hoppa, a global mobility provider, in the inaugural test case, with the booking and agentic transaction facilitated by CardInfoLink’s AI agent. Tokenized credentials authenticated with Mastercard Payment Passkeys were used by the transaction to ensure strong customer verification and data protection. Mastercard Incorporated (NYSE:MA) reported that while the technical and operational feasibility of agentic transactions in Malaysia was confirmed by the pilot, commercial deployment will be rolled out in phases.
Mastercard Incorporated (NYSE:MA) is a technology company that provides payment solutions for developing and implementing debit, credit, prepaid, commercial, and payment programs via its brands. Its portfolio includes Mastercard, Cirrus, and Maestro. The company also offers intelligence and cyber solutions.
1. Visa Inc. (NYSE:V)
Visa Inc. (NYSE:V) is one of the best stocks that will always grow. On March 5, BofA added Visa Inc. (NYSE:V) to its “US 1 List”, which is the firm’s list of best investment ideas drawn from the universe of Buy-rated, U.S.-listed stocks. The same day, BofA reinstated coverage of Visa Inc. (NYSE:V) with a Buy rating and $410 price target.
In a separate development, Visa Inc. (NYSE:V) and Bridge announced the expansion of its global card issuance product, first unveiled in 2025. Bridge is a leading stablecoin infrastructure platform and a Stripe company, and allows businesses and fintech developers to offer stablecoin-backed Visa cards. These card transactions can now be settled on-chain with Visa through Bridge’s partnership with Lead Bank.
Visa Inc. (NYSE:V) further stated that its stablecoin settlement pilot enables Visa issuers and acquirers to settle with Visa using stablecoins over supported blockchain networks. Lead Bank was announced as a participant in Visa’s stablecoin settlement pilot earlier this year, and Bridge is also enabling the stablecoin infrastructure behind Lead Bank.
Visa Inc. (NYSE:V) provides digital payment services. It offers credit cards, debit cards, prepaid products, global automated teller machines, and commercial payment solutions.
While we acknowledge the potential of V 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 V and that has 100x upside potential, check out our report about this cheapest AI stock.
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