13 Best Long Term Growth Stocks to Invest in Right Now

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5. Alphabet Inc. (NASDAQ:GOOG)

5-Year Revenue Growth: 16.63%

Number of Hedge Funds: 164

Alphabet Inc. (NASDAQ:GOOG) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. In a report released on June 25, Deepak Mathivanan from Cantor Fitzgerald reiterated a Hold rating on Alphabet Inc. (NASDAQ:GOOG) with a price target of $171.00.

The company’s fiscal Q1 2025 results showed a 12% year-over-year growth in consolidated revenues to $90.2 billion, with double-digit growth rates reported in Google Search & other, YouTube ads, Google subscriptions, platforms, and devices, as well as Google Cloud. Net income for the quarter rose 46%, and EPS grew 49% to $2.81.

Alphabet Inc. (NASDAQ:GOOG) also reported a 28% rise in Google Cloud revenues to $12.3 billion, attributed to growth in Google Cloud Platform (GCP) across core GCP products, AI Infrastructure, and Generative AI Solutions.

Alphabet Inc. (NASDAQ:GOOG) is a holding company with segments including Google Services, Google Cloud, and Other Bets. The Google Services segment operates various services and products, including Android, Google Maps, Google Play, Chrome, Search, and YouTube.

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