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.
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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.
11. MercadoLibre, Inc. (NASDAQ:MELI)
5-Year Revenue Growth: 55.33%
Number of Hedge Funds: 108
MercadoLibre, Inc. (NASDAQ:MELI) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. On June 18, analyst Andrew R. Ruben of Morgan Stanley maintained a “Buy” rating on MercadoLibre, Inc. (NASDAQ:MELI), with a price target of $2,850.
The analyst supported the positive rating by citing the company’s growth potential and strategic initiatives, noting that one of the primary reasons behind this approach is its decision to expand its free shipping policy in Brazil.
The firm considers this decision a positive factor for MercadoLibre, Inc. (NASDAQ:MELI), as it can help the company capture more e-commerce purchase occasions. The company’s efficient logistics network supports this move, aiming to expedite delivery and slash shipping costs to improve customer satisfaction and increase order frequency.
The firm also stated that MercadoLibre, Inc. (NASDAQ:MELI) has demonstrated stable credit performance in its digital banking operations and expects significant long-term growth opportunities. Additionally, the analyst reasoned that a potential economic recovery in Argentina could provide MercadoLibre, Inc. (NASDAQ:MELI) with additional support to expand its regional credit operations, thereby strengthening its financial performance.
MercadoLibre, Inc. (NASDAQ: MELI) operates an online commerce platform that focuses on e-commerce and associated services. Its operations are divided into the following geographical segments: Brazil, Argentina, Mexico, and Other Countries.
10. S&P Global Inc. (NYSE:SPGI)
5-Year Revenue Growth: 15.96%
Number of Hedge Funds: 108
S&P Global Inc. (NYSE:SPGI) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. In a report released on June 23, Jason Haas CFA, from Wells Fargo, maintained a Buy rating on S&P Global Inc. (NYSE:SPGI) with a price target of $627.00.
Analyst Toni Kaplan from Morgan Stanley also maintained a Buy rating on the company on June 5, keeping the price target at $587.00. The analyst based the rating on the company’s potential, reasoning that it had exhibited improvement in certain areas despite a 10% year-over-year decline in global credit issuance in May, attributed to economic uncertainties.
The firm stated that while structured issuances and leverage loan markets underwent declines, the overall issuance for the quarter is tracking close to S&P Global’s expectations. This trend suggests that if the trends of May persist into June, S&P Global Inc. (NYSE:SPGI) may be able to meet its estimated targets.
S&P Global Inc. (NYSE:SPGI) provides independent and transparent analytics, ratings, benchmarks, and data to commodity and capital markets across the globe. The company’s operations are divided into the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.
9. Eli Lilly and Company (NYSE:LLY)
5-Year Revenue Growth: 16.24%
Number of Hedge Funds: 119
Eli Lilly and Company (NYSE:LLY) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. On June 25, Citi reported that “compelling” data shows that Eli Lilly and Company (NYSE:LLY) and Novo Nordisk (NVO) have turned obesity into a treatable disease from a lifestyle-based condition. The firm models more than $40 billion in obesity sales by 2030, well above the consensus estimates of $25 billion.
Citi stated that as the obesity space evolves from injectables to convenient orals, such as orforglipron, the emergence of a “dynamic” consumer-centric market is possible, and LillyDirect by Eli Lilly and Company (NYSE:LLY) is well-positioned to connect high consumer visibility for orforglipron with global access.
In a research note, Citi further stated that it estimated penetration rates via income-based tiers for pricing and out-of-pocket costs in low- and mid-body mass index patients. The results place Eli Lilly and Company’s (NYSE:LLY) consumer platform opportunity at $15B, which is not assumed in the firm’s model.
It thus believes that Eli Lilly and Company’s (NYSE:LLY) is in a position to expedite access outside the US, employing a centralized out-of-pocket payment model instead of the traditional country-by-country launch. It contended that an “income-based tiered pricing of orforglipron via LillyDirect could unlock unprecedented volume, all the while allowing it to maintain overall pricing power.”
Eli Lilly and Company (NYSE:LLY) develops, manufactures, discovers, and sells pharmaceutical products. These products span oncology, diabetes, immunology, neuroscience, and other therapies. Investors are bullish on Eli Lilly and Company (NYSE:LLY) due to its in-demand GLP-1 drugs, used to treat diabetes and obesity, which are still in their early growth stages, and the company’s strong financials.
8. Salesforce, Inc. (NYSE:CRM)
5-Year Revenue Growth: 16.19%
Number of Hedge Funds: 140
Salesforce, Inc. (NYSE:CRM) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. In a report released on June 24, Keith Weiss from Morgan Stanley maintained a Buy rating on Salesforce, Inc. (NYSE:CRM) with a price target of $404.00. The analyst supported the optimistic sentiment with the company’s potential for future growth, citing management’s clear strategy to expedite revenue growth to low teens.
Weiss considers it a notable improvement in regards to the current growth rate, as the strategy covers the optimization of pricing and packaging, improvement of bookings dynamics, and leveraging new innovations. All of these factors are anticipated to allow solid growth for Salesforce, Inc. (NYSE:CRM), according to him.
The analyst further reasoned that Salesforce, Inc. (NYSE:CRM) has a promising product portfolio that includes GenAI solutions such as Data Cloud and Agentforce. These solutions are generating positive customer feedback and achieving significant annual recurring revenue, contributing to the company’s overall positive outlook.
In addition, core products such as Sales & Service Clouds are showing stability, along with momentum in Slack, Mulesoft, and Tableau. According to the analyst, all these factors can provide solid ground to overcome challenges in Marketing and Commerce.
Salesforce, Inc. (NYSE:CRM) designs and develops cloud-based enterprise software for customer relationship management. Its solutions encompass customer service and support, sales force automation, digital commerce, marketing automation, collaboration, community management, industry-specific solutions, and salesforce platforms. It also offers training, guidance, support, and advisory services.
7. Uber Technologies, Inc. (NYSE:UBER)
5-Year Revenue Growth: 28.11%
Number of Hedge Funds: 145
Uber Technologies, Inc. (NYSE:UBER) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. On June 25, Cantor Fitzgerald raised the firm’s price target on Uber Technologies, Inc. (NYSE:UBER) to $106 from $96, keeping an Overweight rating on the shares. The firm acknowledged that the near-term drivers of the company’s share price performance include autonomous vehicle developments from Waymo, Tesla, and other third-party partners.
However, it also stated that the primary focus in regard to the fundamentals remains on Uber Technologies, Inc.’s (NYSE:UBER) ability to sustain rides and bookings growth in the core mobility business.
Cantor further stated that Uber Technologies, Inc. (NYSE:UBER) holds “plenty of irons in the fire” to support and sustain mobility rides growth. The firm exhibited increasing confidence in Tesla’s recent Robotaxi rollout in limited scope, stating that autonomous vehicle volumes are likely to take a number of years before they begin to exert a notable weight in the rideshare industry.
Uber Technologies, Inc. (NYSE:UBER) is a multinational transportation company that offers ride-hailing services, courier services, food delivery, and freight services.
6. Broadcom Inc. (NASDAQ:AVGO)
5-Year Revenue Growth: 20.04%
Number of Hedge Funds: 158
Broadcom Inc. (NASDAQ:AVGO) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. On June 24, HSBC made a notable improvement in its price target for Broadcom Inc. (NASDAQ:AVGO), nearly doubling it from $240 to $400. Analyst Frank Lee upgraded the stock to Buy, expressing bullish sentiments for the company’s AI chip revenues and stating that they are likely to “significantly beat market expectations.” The notable price target hike implies significant potential for Broadcom Inc. (NASDAQ:AVGO) ahead.
HSBC was previously less bullish on the stock because of its concerns about Apple’s share loss in the wireless segment and wanted better visibility into the Application-Specific Integrated Circuit customer pipeline.
The analyst told investors in a research note that it turned bullish on Broadcom Inc. (NASDAQ:AVGO) because it expects its ASIC revenues to considerably exceed market expectations, supported by pricing power and better ASIC project visibility.
Broadcom Inc. (NASDAQ:AVGO) is a leading multinational technology company specializing in semiconductor and infrastructure software products.
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.
4. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)
5-Year Revenue Growth: 22.01%
Number of Hedge Funds: 187
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. In a report released on June 25, Bruce Lu from Goldman Sachs maintained a Buy rating on Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) with a price target of $242.00.
The company reported its net revenue for May 2025 on June 10, which reached NT$320.516 billion. While the figure represents an 8.3% drop from April 2025, it also shows a significant 39.6% growth compared to May 2024.
Taiwan Semiconductor Manufacturing Company Limited’s (NYSE:TSM) total revenue for fiscal year 2025 as of May is around NT$1,509.34 billion, which translates to a 42.6% growth versus the same period last year.
The revenue figures thus suggest strong year-over-year growth for the company, reflecting its solid market position in spite of short-term challenges and fluctuations.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the largest contract semiconductor manufacturer in the world. Some of its prominent customers include semiconductor companies that outsource all or a part of their chip production, including Advanced Micro Devices, Nvidia, Broadcom, and more.
3. NVIDIA Corporation (NASDAQ:NVDA)
5-Year Revenue Growth: 66.01%
Number of Hedge Funds: 212
NVIDIA Corporation (NASDAQ:NVDA) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. On June 26, Cyngn announced a strategic collaboration with NVIDIA Corporation (NASDAQ:NVDA) as part of the Automatica 2025 robotics and automation showcase. The collaboration would entail Cyngn leveraging the NVIDIA Isaac robotics platform to power next-generation autonomous vehicle solutions for industrial applications.
Automatica 2025 is a leading trade fair across the globe for robotics and smart automation. It offers a global stage to show the transformational effects of AI-powered solutions on logistics and manufacturing. Lior Tal, CEO of Cyngn, stated the following about the news:
“This collaboration with NVIDIA helps reinforce our mission to build cutting-edge autonomous vehicles that deliver real-world ROI to industrial operators.”
Cyngn’s autonomous industrial vehicles are presently operational in commercial environments to elevate throughput, slash labor costs, and improve safety. The vehicles are powered by Cyngn’s proprietary DriveMod software and built on NVIDIA Isaac.
Cyngn was chosen amidst a small number of robotics innovators using NVIDIA Isaac technologies to support safe, scalable autonomy across real-world environments.
NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and other multimedia software. It operates in the Compute & Networking and Graphics Processing Unit (GPU) segments.
2. Meta Platforms, Inc. (NASDAQ:META)
5-Year Revenue Growth: 18.35%
Number of Hedge Funds: 273
Meta Platforms, Inc. (NASDAQ:META) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. On June 24, DBS analyst Sachin Mittal maintained a Buy rating on Meta Platforms, Inc. (NASDAQ:META) and set a price target of $800. The analyst supported the optimistic rating with the company’s strategic initiatives and solid financial performance.
The analyst reasoned that Meta Platforms, Inc. (NASDAQ:META) reported notable revenue and earnings growth in fiscal Q1 2025, exceeding market expectations. Revenue for the quarter experienced a 16% year-over-year growth to $42.31 billion, while average price per ad rose 10% year-over-year. The analyst attributed the strong performance to lower-than-expected tax expenses and a surprise in profit margins.
Mittal further reasoned that Meta Platforms, Inc. (NASDAQ:META) is focusing on improving its Reels feature and expanding its AI capabilities, factors that are anticipated to drive long-term growth. The introduction of ads on WhatsApp and the company’s notable investment in AI infrastructure further support the analyst’s positive outlook.
Meta Platforms, Inc. (NASDAQ:META) develops social media applications and operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The Family of Apps segment covers Instagram, Facebook, WhatsApp, Messenger, and other services, while the Reality Labs segment encompasses mixed, augmented, and virtual reality-related software, hardware, and content.
1. Amazon.com, Inc. (NASDAQ:AMZN)
5-Year Revenue Growth: 17.03%
Number of Hedge Funds: 328
Amazon.com, Inc. (NASDAQ:AMZN) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. In a report released on June 25, Michael Morton from Moffett Nathanson maintained a Buy rating on Amazon.com, Inc. (NASDAQ:AMZN), raising the price target on the stock to $253 from $250.
Morton reasoned that Amazon.com, Inc. (NASDAQ:AMZN) is well-positioned to exceed profit expectations in 2025 and 2026, even if cost pressures increase in its cloud unit, Amazon Web Services (AWS).
Amazon.com, Inc. (NASDAQ:AMZN) is a multinational technology company that provides online retail shopping services. It operates through the North America, International, and Amazon Web Services (AWS) segments. Its AWS segment covers global sales of storage, computers, databases, and other services for government agencies, academic institutions, startups, and enterprises.
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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Disclosure: None.
