In this article, we will look at the 13 Best Forever Stocks to Invest In Now.
On October 11, Tom Lee from Fundstrat appeared on CNBC Television to discuss the recent market decline, as the S&P 500 dropped by around 2.9% on Friday, October 10. Lee noted that this market pullback was largely overdue, as the market had seen a rise of 36% since the April lows, making the recent drop the largest in more than six months. In addition, the VIX also spiked the same day by 1.29%, marking the 51st largest spike. Lee acknowledged that the investors are concerned; however, this decline and a spike in VIX are a good sign for the market. He highlighted that, as there are no real structural changes in the picture, this pullback is a buying opportunity.
Lee also acknowledged that while the VIX shows volatility and investor fear, however, the estimated forward returns of many companies are positive for the near-term future. This suggests that the odds of the market being higher in the future are good. While talking about the recent statement by President Trump regarding imposing maximum tariffs on China. Lee noted that the market has been through the February to April tenure, when there were new tariff-related headlines every day. This decline could be based on the echoes of trauma from the April lows. However, Lee argued that the stock market rally has been driven by the innovation coming from the AI companies. Moreover, the Federal Reserve is also entering an easing cycle. Lee suggested that these moves have structural tailwinds that boost the market and are not expected to be impacted by the tariff disputes with China.
Now that we have discussed the recent market movement and what it means for the future, let’s take a look at the 13 Best Forever Stocks to Invest in Now.
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Our Methodology
To curate the list of 13 Best Forever Stocks to Invest In Now, we sifted through various online rankings by reputable financial media. We then ranked these stocks in ascending order of the number of hedge fund holders, sourced from Insider Monkey’s Q2 2025 database.
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).
13 Best Forever Stocks to Invest In Now
13. Chubb Limited (NYSE:CB)
Number of Hedge Fund Holders: 61
Chubb Limited (NYSE:CB) is one of the Best Forever Stocks to Invest In Now. On October 9, Jimmy Bhullar from J.P. Morgan raised the firm’s price target on Chubb Limited (NYSE:CB) from $321 to $327, while keeping a Neutral rating on the stock.
The analyst noted that the price target upgrade comes as part of the firm’s review of the property and casualty insurance group in Q3. J.P. Morgan believes that margins for the insurers and growth for brokers have peaked; as a result, they are expected to moderate moving forward. Bhullar noted that despite this, the fundamentals of the sector remain healthy, but the sentiment is downbeat after the stock’s recent underperformance. The firm believes that the sector is positioned to outperform.
Chubb Limited (NYSE:CB) is a Swiss company that provides international insurance and reinsurance services.
12. PepsiCo, Inc. (NASDAQ:PEP)
Number of Hedge Fund Holders: 68
PepsiCo, Inc. (NASDAQ:PEP) is one of the Best Forever Stocks to Invest In Now. On October 9, PepsiCo, Inc. (NASDAQ:PEP) released its fiscal third-quarter results for 2025. The company posted an EPS of $2.29, ahead of the consensus by $0.03. In addition, the revenue of $23.84 billion, which grew 2.65% year-over-year, also topped estimates by $89.71 million.
Management noted that they continue to expect low single-digit organic revenue growth with core currency EPS approximately in line with the previous year. Moreover, management is focused on accelerating growth and optimizing its cost structure.
A day after the earnings call on October 10, Christopher Carey from Wells Fargo raised the firm’s price target on PepsiCo, Inc. (NASDAQ:PEP) from $150 to $154, while maintaining a Hold rating on the stock.
PepsiCo, Inc. (NASDAQ:PEP) is an international company that produces beverages and convenient foods under popular brand names.
11. Waste Management, Inc. (NYSE:WM)
Number of Hedge Fund Holders: 75
Waste Management, Inc. (NYSE:WM) is one of the Best Forever Stocks to Invest In Now. On October 9, William Grippin from Barclays lowered the firm’s price target on Waste Management, Inc. (NYSE:WM) from $272 to $271, while keeping an Overweight rating on the stock.
The analyst noted that this update reflects the firm’s preview of Q3 earnings. Barclays believes that the pricing trends are favorable, and acquisitions are driving growth in the waste management sector amidst commodity headwinds and difficult margin comparisons.
In addition to Barclays, Noah Kaye from Oppenheimer also lowered the firm’s price target on the stock from $265 to $262 on October 8. The analyst kept his Buy rating on Waste Management, Inc. (NYSE:WM).
Waste Management, Inc. (NYSE:WM) provides environmental services for residential, commercial, industrial, and municipal customers across the United States and Canada.
10. Costco Wholesale Corporation (NASDAQ:COST)
Number of Hedge Fund Holders: 91
Costco Wholesale Corporation (NASDAQ:COST) is one of the Best Forever Stocks to Invest In Now. On October 9, Phillip Blee from William Blair maintained a Buy rating on Costco Wholesale Corporation (NASDAQ:COST) without a price target.
The rating comes after the company topped Wall Street estimates for its fiscal fourth quarter of 2025, on October 8. The analyst noted that Costco Wholesale Corporation (NASDAQ:COST) reported strong comparable growth in September despite a weakening consumer backdrop. The company grew its domestic comps by 5%. Moreover, this growth is also significant because of a tougher comparison as the previous year benefited from port strikes and hurricanes.
The company posted a revenue of $86.16 billion, up 8.10% year-over-year and ahead of the consensus by $99.41 million. The EPS of $5.87 billion also came in ahead of the estimates by $0.07. Blee believes that the company is positioned well to tackle potential challenges in the retail sector.
Costco Wholesale Corporation (NASDAQ:COST) operates membership-based warehouses and e-commerce sites offering a broad range of nationally branded and private-label products.
9. Merck & Co., Inc. (NYSE:MRK)
Number of Hedge Fund Holders: 92
Merck & Co., Inc. (NYSE:MRK) is one of the Best Forever Stocks to Invest In Now. On October 10, Tim Anderson of Bank of America Securities reduced the firm’s price target on Merck & Co., Inc. (NYSE:MRK) from $99 to $98, while keeping a Buy rating on the stock.
The firm sees the company as currently undervalued and with significant potential for growth. Anderson noted that the company faces some near-term challenges, including a decline in Gardasil sales and anticipated competition for its Keytruda. However, he sees significant gross prospects for Merck & Co., Inc. (NYSE:MRK) stemming from upcoming launches, including Winrevair.
Anderson noted that the company is priced too low, considering its growth prospects. Moreover, he believes that the company’s slightly higher price-to-earnings multiple reflects investors’ confidence in its ability to deliver long-term.
Merck & Co., Inc. (NYSE:MRK) is a global healthcare company that develops and sells prescription medicines, vaccines, and animal health products.
8. S&P Global Inc. (NYSE:SPGI)
Number of Hedge Fund Holders: 106
S&P Global Inc. (NYSE:SPGI) is one of the Best Forever Stocks to Invest In Now. On October 9, Toni Kaplan from Morgan Stanley raised the price target on S&P Global Inc. (NYSE:SPGI) from $615 to $620, while keeping a Buy rating on the stock.
The analyst noted that the increased price target is driven by a strong issuance in the current quarter. As a result, the firm has raised EPS estimates for S&P Global Inc. (NYSE:SPGI) by 6%. They also expect the company to raise its full-year guidance during the fiscal third-quarter earnings call.
S&P Global Inc. (NYSE:SPGI) is expected to release its fiscal third-quarter results for 2025 on October 30. As per the current revenue and EPS guidance, which was presented with second-quarter results, management expects 5% to 7% revenue growth in 2025, along with GAAP diluted EPS in the range of $14.35 to $14.60.
S&P Global Inc. provides essential data, analytics, and insights across financial markets through five business segments, including credit ratings, market intelligence, commodity pricing, automotive solutions, and global investment indices.
7. Intuitive Surgical, Inc. (NASDAQ:ISRG)
Number of Hedge Fund Holders: 107
Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the Best Forever Stocks to Invest In Now. Intuitive Surgical, Inc. (NASDAQ:ISRG) is set to release its fiscal third-quarter results for 2025 on October 21, 2025. Wall Street is bullish on the stock, ahead of its earnings release.
As per management’s full-year outlook, worldwide da Vinci procedure growth is expected in the range of 15.5% to 17%, compared to 17% growth last year. Moreover, the Non-GAAP gross profit margins are expected to remain in the range of 66% and 67% of revenue, down from 69.1% in 2024.
Analysts are bullish regardless of this conservative outlook, as earlier on September 29, Patrick Wood from Morgan Stanley reiterated a Buy rating on Intuitive Surgical, Inc. (NASDAQ:ISRG) with a price target of $650.
The analyst highlighted the company’s potential in the endoluminal robotics market, noting the successful results from EndoQuest’s PARADIGM trial. The trial demonstrated the feasibility of endoscopic submucosal dissection for performing complex colorectal lesions. According to Wood, endoscopic submucosal dissection offers a promising market expansion opportunity, as only a 35% penetration rate in gastrointestinal procedures can potentially result in 363,000 new procedures globally.
In addition to Morgan Stanley, on October 1, Ryan Zimmerman from BTIG also reiterated a Buy rating on the stock with a price target of $571.
Intuitive Surgical, Inc. (NASDAQ:ISRG) develops and sells robotic-assisted surgical systems, particularly the da Vinci surgical system.
6. Danaher Corporation (NYSE:DHR)
Number of Hedge Fund Holders: 115
Danaher Corporation (NYSE:DHR) is one of the Best Forever Stocks to Invest In Now. On October 8, Ed Ridley from Rothschild & Co. Redburn downgraded Danaher Corporation (NYSE:DHR) from Buy to Hold, while also reducing the price target from $245 to $220.
The firm noted that the company trades at a premium valuation (forward non-GAAP P/E ratio of 26.30). However, despite this premium valuation, the 2025 and 2026 growth outlook remains below the historic levels.
Ridley believes that this valuation suggests that the company is returning to its historic growth levels in the life sciences market. However, he expressed concern regarding the limited visibility for the pace of recovery in China and the sustainability of diagnostic growth.
Danaher Corporation (NYSE:DHR) is a global innovator in life sciences and diagnostics. It provides equipment, consumables, and services that support the research, development, and manufacturing of biological medicines.
5. Thermo Fisher Scientific Inc. (NYSE:TMO)
Number of Hedge Fund Holders: 117
Thermo Fisher Scientific Inc. (NYSE:TMO) is one of the Best Forever Stocks to Invest In Now. On October 9, J.P. Morgan analyst Casey Woodring raised the firm’s price target on Thermo Fisher Scientific Inc. (NYSE:TMO) from $600 to $650, while keeping an Overweight rating on the stock.
The rating comes ahead of the company’s fiscal third-quarter results, which are expected on October 22, 2025. The analyst noted that they see the life sciences tool companies taking a more conservative stance in their 2026 outlook as they wait for pending evidence for order improvement. The firm has lowered 2026 numbers for many companies in the group, but remains Overweight on Thermo Fisher Scientific Inc. (NYSE:TMO).
Thermo Fisher Scientific Inc. (NYSE:TMO) raised its full-year guidance during the FQ2 2025 earnings call. It now expects revenue to be in the range of $43.6 billion to $44.2 billion, and adjusted EPS in the range of $22.22 to $22.84 per share.
Thermo Fisher Scientific Inc. (NYSE:TMO) accelerates life sciences research and improves patient health by providing instruments, reagents, and consumables for biological research.
4. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 219
Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Forever Stocks to Invest In Now. On October 10, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL) could face stricter regulations in the UK due to its search dominance. This move comes as the British competition regulators are looking to tackle the dominance of Big Tech companies.
Will Hayter, who is the Executive Director for Digital Markets at the Competition and Markets Authority, noted that Alphabet Inc. (NASDAQ:GOOGL) has a strong dominance in search and search advertising, as more than 90% of the searches in the UK take place from the company’s platform. This gives the UK regulators power to step in and ensure that the services are open to effective competition.
The report highlighted that the Competition and Markets Authority’s investigation does not mean they have found wrongdoing and will not trigger any immediate changes. However, the authorities could require some changes in June next year, including fairer ranking in search and easier access to alternative search engines for consumers.
This update comes after the company was hit with a $3.45 billion antitrust fine last month by the European Union for anti-competitive practices in the AdTech business. Alphabet Inc.’s (NASDAQ:GOOGL) Senior Director for Competition, Oliver Bethell, noted that many ideas of intervention could inhibit the potential for innovation and growth in the UK at a time when AI-based innovations are profound.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company with major segments including Google Services, Google Cloud, and Other Bets.
3. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 235
NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Forever Stocks to Invest In Now. On October 10, Reuters reported that, according to the Financial Times, China has increased enforcement of its import restrictions on US chips, including those of NVIDIA Corporation (NASDAQ:NVDA).
This is a step by the Chinese government to focus on promoting made-in-China semiconductors. As per the report, customs officers were sent to key ports in China to check semiconductor shipments. The report also highlighted that the inspection targeted NVIDIA Corporation’s (NASDAQ:NVDA) H20 and RTX Pro 6000D initially. The checking has been extended to include all advanced semiconductors made in the United States.
NVIDIA Corporation (NASDAQ:NVDA) develops advanced computing infrastructure focused on accelerated computing to address complex computational challenges.
2. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 294
Microsoft Corporation (NASDAQ:MSFT) is one of the Best Forever Stocks to Invest In Now. On October 9, Reuters reported that Microsoft Corporation (NASDAQ:MSFT) and the Graduate Medical School of Harvard University have entered a licensing agreement.
As per the agreement, Microsoft Corporation (NASDAQ:MSFT) has gained access to Harvard’s consumer health data on specific diseases and wellness, in return for a licensing fee. This move comes as the company is reducing its reliance on OpenAI. The report noted that this data will be used to enhance the company’s Copilot AI assistant with health-related queries.
The latest version of Copilot is expected to be launched this month and will use data from Harvard to tackle health and wellness-related questions.
Microsoft Corporation (NASDAQ:MSFT) is a tech company that develops and supports a wide range of software, cloud services, devices, and business solutions.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 335
Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best Forever Stocks to Invest In Now. On October 8, Reuters reported that according to L’Echo, Amazon.com, Inc. (NASDAQ:AMZN) plans to invest 1 billion euros (approximately ($1.16 billion) in Belgium from 2025 to 2027.
The report highlighted that this investment is expected to be used to develop infrastructure in the country. Moreover, Amazon.com, Inc. (NASDAQ:AMZN) is also strengthening its partnership with Bpost and other small and medium companies to enhance its supply chain in Belgium. Eva Faict, Amazon’s head of Belgium and the Netherlands, noted that the company aims to offer same-day delivery in Belgium.
Amazon.com, Inc. (NASDAQ:AMZN) is a global retailer offering a wide range of products through online and physical stores, focusing on selection, price, and convenience.
While we acknowledge the potential of AMZN 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 AMZN and that has 100x upside potential, check out our report about this cheapest AI stock.
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