12 Best Stocks to Buy and Hold For 10 Years

7. Intercontinental Exchange, Inc. (NYSE:ICE)

Number of Hedge Fund Holders: 91

Intercontinental Exchange, Inc. (NYSE:ICE) is an American financial services and technology company that offers a range of products and services to facilitate trading, clearing, and data services for financial markets. The company offers pricing and analytics tools for fixed-income assets and streamlines the US mortgage process with digital solutions. It also operates regulated exchanges and marketplaces, including the New York Stock Exchange. Intercontinental Exchange, Inc. (NYSE:ICE) provides technology and data solutions to financial institutions, corporations, and governments around the world. ICE is one of the best stocks to buy and hold for 10 years.

The company is focused on innovation and using new technologies and data to improve its solutions as it aims to expand its role across the global financial infrastructure and make its business more efficient. Aristotle Atlantic Partners, LLC, an investment advisor, stated the following regarding Intercontinental Exchange, Inc. (NYSE:ICE) in its “Core Equity Strategy” Q1 2025 investor letter:

“Intercontinental Exchange, Inc. (NYSE:ICE) was a relative contributor in the first quarter following a solid fourth-quarter earnings report highlighted by continued strong trading activity in energy and interest rate products, additional efficiency gains, and positive commentary about the Mortgage Technology business. In addition, optimism improved following the company’s annual ICE Experience conference, which highlighted new AI solutions in its Mortgage Technology product suite. The company’s AI efforts in Mortgage Technology are accelerating progress toward improving and digitizing workflows and positioning it to gain an increasing share of the long-term market opportunity in the mortgage industry.”

Barclays recently raised its price target on Intercontinental Exchange, Inc. (NYSE:ICE) to $198 from $189 and reiterated an “Overweight” rating. This decision follows the company’s first-quarter performance, where it managed to exceed earnings expectations. As per the analyst’s note, the revenue exceeded forecasts and adjusted operating costs were lower than expected. These factors contributed to this positive outlook by Barclays on Intercontinental Exchange, Inc. (NYSE:ICE).