15 Best Growth Stocks to Buy for the Next 10 Years

11. Devon Energy Corporation (NYSE:DVN)

5-Year Revenue Growth: 18.46%

Number of Hedge Fund Holders: 58

Devon Energy Corporation (NYSE:DVN) ranks among the best growth stocks to buy for the next 10 years. On July 11, UBS maintained its Neutral rating on Devon Energy Corporation (NYSE:DVN) and increased its price target to $37 from $35. Devon Energy has outperformed the XOP by over 400 basis points year-t-date, which UBS credits to the company’s cost optimization strategy.

With $400 million of the $1 billion in planned capital expenditure and operational expense savings expected in 2025, Devon Energy’s optimization approach has the potential to produce better free cash flow and margin improvement into 2026.

According to UBS, Devon Energy’s second quarter 2025 operational performance should be positive, with oil volumes likely hitting the upper end of the company’s target range.

Devon Energy Corporation (NYSE:DVN) is a prominent player in the United States energy market, specializing in the exploration, development, and production of oil, natural gas, and natural gas liquids.