In this article, we will look at the 13 Best Long Term Growth Stocks to Invest in Right Now.
On June 26, Kate Moore, Citi Wealth CIO, appeared on CNBC’s ‘The Exchange’ to talk about where the dollar markets are headed, along with the state of small and large cap trade.
She said that the equity market is looking beyond tariffs instead of focusing on them. The key question to investigate here for her is whether there are parts of the market, particularly the largest-cap companies, that will generate sustainable earnings across all stages of the cycle. She answered the question with a big yes across the AI and tech space. She also said that marginally lower rates are likely to be supportive of risk.
Moore also stated that while geopolitical risks have led to short-term hikes in volatility, the underlying trend for equities is positive. Resilient corporate fundamentals are rooted in AI optimism, and consumption is also supported by a stable labor market, according to her.
The strong sustainable earnings trend is based on reality, including strong balance sheets and optimistic free cash flow profiles in many of the largest companies in the S&P 500. She thus reasoned that people are comfortable owning them, even if there is some uncertainty in the near term.
With these trends in view, let’s look at the 13 best long-term stocks to invest in right now.
A close up of a confident investor making a decisive transaction in the stock market.
Our Methodology
We sifted through stock screeners, online rankings, and ETFs to compile a list of growth stocks with 5-year revenue growth above 15% and chose the top 13 most popular stocks among elite hedge funds as of fiscal Q1 2025. We sourced the hedge fund sentiment data from Insider Monkey’s database. The list is sorted in ascending order of hedge fund sentiment.
Note: All data was sourced on June 25.
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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
13 Best Long Term Growth Stocks to Invest in Right Now
13. Spotify Technology S.A. (NYSE:SPOT)
5-Year Revenue Growth: 17.97%
Number of Hedge Funds: 106
Spotify Technology S.A. (NYSE:SPOT) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. On June 25, Guggenheim analyst Michael Morris maintained a Buy rating on Spotify Technology S.A. (NYSE:SPOT), raising the price target to $840 from $725.
The firm reported that it updated its model as the end of the second quarter approaches to account for the social charges and currency changes associated with the 36% share appreciation since March 31.
The analyst also told investors that the firm believes that the mid and long-term growth at “the global streaming audio leader remains intact.” He supported this optimistic outlook for Spotify Technology S.A. (NYSE:SPOT) by citing potential tier expansion, core pricing power, the early-stage commerce opportunity presented by app-store changes, and the expanded delivery of audio formats led by podcasts and audiobooks.
Spotify Technology S.A. (NYSE:SPOT) provides digital music services. The company operates through the Premium and the Ad-Supported segments.
12. ServiceNow, Inc. (NYSE:NOW)
5-Year Revenue Growth: 25.27%
Number of Hedge Funds: 106
ServiceNow, Inc. (NYSE:NOW) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. On June 25, DA Davidson analyst Gil Luria initiated coverage of ServiceNow, Inc. (NYSE:NOW) with a Buy rating and a $1,150 price target.
The analyst told investors in a research note that ServiceNow, Inc. (NYSE:NOW) has been holding the leading position as a business automation provider for “over two decades” now. The firm sees additional potential as the company is in the initial stages of disrupting the CRM market, which is experiencing “a once-in-a-generation shift due to AI.”
DA Davidson further supported the optimistic outlook by reasoning that it expects ServiceNow, Inc. (NYSE:NOW) to experience additional share gains outside of its traditional IT Service Management market, supported by its “best-of-breed platform and AI capabilities.”
ServiceNow, Inc. (NYSE:NOW) offers an AI platform for business transformation, boosting productivity and maximizing business outcomes. Its intelligent platform, Now Platform, provides end-to-end workflow automation for digital businesses. Now Platform functions as a cloud-based solution embedded with AI and ML.
